§ Mr. WinnickTo ask the Prime Minister what is the Government's policy on trying to ensure that full employment exists in Britain.
§ The Prime MinisterEconomic growth and jobs are generated by businesses and their employees, not by Governments. But Governments do have a responsibility for ensuring that markets work properly and that the regulatory and tax burden on business is kept to an absolute minimum.
The Government also have the essential task of establishing a macroeconomic framework, which provides the stability that businesses need to plan for the future. This means that inflation and public finances need to be kept under control.
These are the policies that the Government believe will create wealth and jobs, not just in the United Kingdom, but in the European Community as a whole.