HC Deb 29 June 1994 vol 245 c611W
Mr. Austin Mitchell

To ask the President of the Board of Trade, further to his White paper, "Competitiveness: Helping Business to Win", whether he considered the effect of movements on the exchange rate on competitiveness; and if he will publish his estimate of the amount by which labour productivity in manufacturing would have to rise to offset the increase in United Kingdom relative export prices compared with those of Germany since February 1993.

Mr. Sainsbury

As the White Paper makes it clear, the Government believe that the United Kingdom's competitiveness depends on improving productivity and controlling costs.