Wages (Period of Severe Restraint)

Part of Oral Answers to Questions — Economic Affairs – in the House of Commons at 12:00 am on 20th October 1966.

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Photo of Sir Arthur Irvine Sir Arthur Irvine , Liverpool Edge Hill 12:00 am, 20th October 1966

Does my right hon. Friend agree that while it may be necessary, to overcome an economic crisis, to make provision that contracts freely entered into shall not be enforceable—and I think that the Government were right to do this—it is desirable that that state of affairs should cease as soon as possible? Will my right hon. Friend give an assurance that in the period referred to in the Question the Government will give careful reflection to that matter?