Retail Prices Index (Error)

Part of the debate – in the House of Commons at 10:48 am on 18th December 1987.

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Photo of Patrick Cormack Patrick Cormack , South Staffordshire 10:48 am, 18th December 1987

Is my hon. Friend aware that, although the error was regrettable, the fact that it has been detected and rectified in this manner will do much to restore the confidence in the system, which was lost during the incumbency of the previous Administration? In a year when we have experienced so many disasters, such as King's Cross and Zeebrugge, does my hon. Friend agree that the lump sum is an ideal opportunity to set up a national disaster fund?