Amendment of the Law

Part of Budget Resolutions and Economic Situation – in the House of Commons at 7:42 pm on 10 March 1992.

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Photo of Sir Nicholas Bonsor Sir Nicholas Bonsor , Upminster 7:42, 10 March 1992

I suggest that the hon. Gentleman looks to his books because that is not true. Under the last Labour Government, inflation went up to 27 per cent. If I remember rightly, at the end of 1978 it was around 19 per cent. The hon. Gentleman can check the figures.