§ Mr. Charles Morrisonasked the Secretary of State for Trade and Industry if he will restate all aspects of the Government's industrial strategy.
§ Mr. ChannonThe heart of the Government's policies towards industry and commerce is the continued reduction of inflation as a basis for sustained economic growth, and the creation of an economic and social climate conducive to enterprise and wealth-creating activity. Our aims are to increase the national production of wealth; to promote and enhance the vitality and competitiveness of British trade, industry and commerce within a proper regulatory framework and to increase the United Kingdom's share of world trade.