HC Deb 02 July 1981 vol 7 c482W
35. Mr. Stanbrook

asked the Chancellor of the Exchequer if he will make a statement on the level of pay increases in the public sector which the economy could absorb without inflationary consequences in 1982.

Mr. Brittan

The lower the level of pay settlements in the coming year, the less will be the transitional impact on output and employment of adjusting to the lower inflation implied by the Government's financial strategy.