Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 12:00 am on 22nd March 1988.

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Photo of Mr Neil Kinnock Mr Neil Kinnock Leader of HM Official Opposition, Leader of the Labour Party, Member, Labour Party National Executive Committee, Party Chair, Labour Party 12:00 am, 22nd March 1988

May I first welcome the approach that the Secretary of State and the Chief Constable are taking, and the reappraisal which the Government are prepared to make of the approach that they are taking in Northern Ireland? I am sure that the right hon. Lady will carry full support for that aspect of her policy.

In the public debate taking place in the Government, does the Prime Minister take Lord Young's view that we long ago found that the pound seems to rise and fall to its own level, or does she agree with the Chancellor of the Exchequer that greater exchange rate stability has an explicit role?