Economy Recovery

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 27 June 1985.

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Photo of Mr David Howell Mr David Howell , Guildford 12:00, 27 June 1985

Does my right hon. Friend accept that his renewed commitment to tax cuts as the path to recovery, higher employment and enterprise is very welcome? Will he also confirm that his right hon. Friend the Secretary of State for the Environment has authorised greater capital spending by local authorities from capital receipts? Will that not also make a great contribution to economic recovery, and is that not consistent with the Government's financial strategy?