Skip to main content

Economic Situation

Volume 867: debated on Tuesday 15 January 1974

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Secretary of State for Wales if he will publish a White Paper setting out his estimate of the effect of the Government's imposed three-day working week on the Welsh economy.

asked the Secretary of State for Wales if he will consult Welsh trade union leaders and employers in order to ascertain the effect of the three-day working week on the economy of Wales.

The Government are kept informed on all aspects of the three-day working week. I have no reason to believe that Wales is more adversely affected than the country as a whole.

asked the Secretary of State for Wales if he will make a statement on his estimate of the effect upon the Welsh economy of the present balance of payments situation.

It is not possible to separate the effect on Wales of the international payments situation from that on the United Kingdom as a whole.As my right hon. Friend the Chancellor of the Exchequer made clear on 17th December, the overall position is kept under continuous review and the Government will not hesitate to take further action should that be required.