Finance Ministers (Meeting)

Part of the debate – in the House of Commons at 12:00 am on 26th November 1973.

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Photo of Mr John Pardoe Mr John Pardoe , North Cornwall 12:00 am, 26th November 1973

Will the right hon. Gentleman confirm that these discussions were, in part, about the possibility of the world turning into a deflation as a result of the oil crisis? In this situation, is the right hon. Gentleman aware that the worst possible advice emanates from the official Opposition Front Bench following the unholy alliance that has emerged between certain of his hon. Friends and the City of London, and will the Chancellor therefore ignore that advice?