Economic and Industrial Policy

Part of the debate – in the House of Commons at 12:00 am on 18 February 1971.

Alert me about debates like this

Photo of Mr Anthony Barber Mr Anthony Barber , Altrincham and Sale 12:00, 18 February 1971

The present rate of inflation is damaging to confidence which is essential to investment. I agree with the right hon. Member for Stechford on that. Company liquidity is bound to be under severe pressure until there is some easement in the pressure of rising costs and inflationary wage increases.