HC Deb 02 July 1981 vol 7 cc477-8W
19. Mr. Newens

asked the Chancellor of the Exchequer what prospects he sees for a revival in the level of commercial and industrial activity before the end of the current financial year.

Sir Geoffrey Howe

I refer the hon. Member to the reply I gave earlier to the hon. Member for Easington (Mr. Dormand).

Mr. Lawson

I have nothing to add to the forecast published at the time of the Budget, which projected a continued fall in inflation over the next 12 months.