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Industrial Production And Balance Of Payments

Volume 646: debated on Tuesday 24 October 1961

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71.

asked the Chancellor of the Exchequer what progress he has made in the development of a national economic plan to raise production and balance payments; what bodies he has consulted about this plan; and with what results.

I have had a number of exploratory discussions about possible new arrangements for planning and consultation on a national basis with the Trades Union Congress, the Federation of British Industries, the British Employers' Confederation, the National Union of Manufacturers and the Association of British Chambers of Commerce. I am also consulting the chairmen of the nationalised industries. The discussions are continuing. I hope to be able to make an early statement about their outcome, but I cannot yet say when this will be possible.