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Prices And Incomes

Volume 831: debated on Tuesday 15 February 1972

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35.

asked the Chancellor of the Exchequer if he will make a statement clarifying the Government's policy in regard to the voluntary regulation of prices and incomes.

We welcome the voluntary price restraint policy that the C.B.I. is operating. Unions and employers both know that the Government would be prepared to discuss any proposals for a realistic voluntary incomes policy.