§ 26. Mr. Robert C. Brownasked the Chancellor of the Exchequer when he expects his policies to secure a return to the levels of May 1979 of national output, manufacturing output and employment.
§ Mr. Peter ReesThe level of GDP in the first half of 1983 was already above that of the first half of 1979. The manufacturing sector has contracted since 1979, but there have been clear indications of recovery this year, helped by lower inflation and lower interest rates.