asked the Chancellor of the Exchequer whether he is satisfied with progress towards further reducing the rate of inflation.

Yes. Since the introduction of pay policy in July 1975 the year-on-year rate of increase in the retail price index has fallen from 26.3 per cent. to 7.8 per cent. in October 1978.

asked the Chancellor of the Exchequer what progress has been made in the policies outlined in the White Paper "Winning the Battle Against Inflation"; and if he will make a statement.

So far around half a million workers have settled for wage increases in this pay round within the Government's pay guidelines.