Part of Oral Answers to Questions — Prime Minister – in the House of Commons at 12:00 am on 28th June 1988.

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Photo of Mr John Wakeham Mr John Wakeham , Colchester South and Maldon 12:00 am, 28th June 1988

The control of inflation is paramount and the Government will not bail out excessive increases in domestic costs by allowing exchange rate depreciation. Restraint of industry's costs is in its own hands. The Prime Minister is discussing those issues in Hanover today. I suggest that the right hon. Gentleman awaits her statement on Thursday.