§ Mr. Parryasked the Secretary of State for Employment what plans he has to prevent further job losses in Liverpool.
§ Mr. Waddington:The Government's policies are aimed at developing a soundly based economy, which means among other things bringing inflation and interest rates steadily down. As these are reduced, and productivity continues to improve, British firms will be in a position to offer goods and services at home and abroad which people want to buy at prices they are prepared to pay. This is the only way to safeguard existing jobs and also to create the new jobs which we all seek, both in Liverpool and throughout the country.