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Social Contract

Volume 885: debated on Thursday 30 January 1975

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asked the Chancellor of the Exchequer if he is satisfied that the guidelines in the social contract and its current application will help him achieve his recent budgetary forecasts.

As I said in my Budget Statement, we have a commitment to fight both unemployment and inflation. Firm adherence to the social contract is essential if we are to achieve these ends, as the TUC has recognised in recent talks with the Government.