Home Market

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 9th March 1965.

Alert me about debates like this

Photo of Mr James Callaghan Mr James Callaghan The Chancellor of the Exchequer, Member, Labour Party National Executive Committee 12:00 am, 9th March 1965

There have been no export subsidies so far. What the Government have done is to rebate some of the indirect taxes paid by exporters. I am not quite sure, in considering the second part of the hon. Gentleman's supplementary question, whether he is calling for a substantial and severe deflation of the economy.