Prime Minister (Engagements)

Part of Oral Answers to Questions — Defence – in the House of Commons at 12:00 am on 14th December 1976.

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Photo of Mr James Callaghan Mr James Callaghan The Prime Minister, Leader of the Labour Party, Member, Labour Party National Executive Committee 12:00 am, 14th December 1976

Yes, Sir. The basis of the Government's industrial strategy is to ensure that our manufacturing industry concentrates on the exports required, even though there may be spare capacity at the moment in, alas, some industries where capacity exceeds demand. As for South-East London, I agree with my hon. Friend that the nature of unemployment is changing. I drew attention to this topic in a speech last night. Many changes are taking place in the country at present, but the remedies that we applied in the 1940s, 1950s and the 1960s are perhaps not wholly appropriate today.