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Wage Settlements

Volume 886: debated on Monday 10 February 1975

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asked the Secretary of State for Prices and Consumer Protection whether it remains her policy to impose price penalties on employers who feel obliged to concede wage demands outside the guidelines of the social contract.

As my right hon. Friend has already told the House, the proposal for a differential productivity deduction depended on the consent of both sides of industry. This was not forthcoming.