§ 29. Mr. Winnickasked the Chancellor of the Exchequer when he now expects to see a substantial improvement in the economy.
§ Sir Geoffrey HowePreliminary estimates suggest a rise of ¼ per cent. in total output—GDP—in the third quarter. Manufacturing output has risen by some 1½ per cent. over recent months. Progress will largely depend on the extent to which we continue to improve competitiveness through more effective control of domestic costs.