Exports

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 12:00 am on 11 March 1992.

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Photo of Hon. Tim Sainsbury Hon. Tim Sainsbury , Hove 12:00, 11 March 1992

My hon. Friend asks a relevant question. British exporters achieved all-time record exports partly because in 1991 we had all-time record low numbers of strikes and days lost through industrial action. That was because we had a sensible framework of industrial relations laws. The success of British industry in exporting last year was also attributable to having the right framework for taxation, which encourages and rewards enterprise on the part of both individuals and companies.