Can the Chancellor tell us whether he is now endeavouring to pursue the same exchange rate policy that he would if we were a full member of the EMS, and, if so, what is the advantage of doing that from outside?
I recognise that the Prime Minister is bound to attach considerable importance to the views of the right hon. Member for Cardiff, South and Penarth (Sir J. Callaghan) on the subject of an MI5 inquiry, but will she none the less repudiate, on reflection, the extraordinary constitutional doctrine that she appeared to be propounding on Tuesday, namely, that the activities of a permanent...
Former MP for Glasgow Hillhead
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