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Ford Motor Company(Industrial Dispute)

Volume 959: debated on Monday 4 December 1978

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asked the Secretary of State for Employment what estimate he has made of the cost of the recent industrial dispute in the Ford Motor Company in terms of (a) the loss of earnings to employees, (b) the loss of sales to the Company, (c) the cost of payment from union funds of strike benefit, (d) the additional cost to the taxpayer of supplementary benefit paid to dependants of employees, (e) the value of the loss of output to the national economy; and if he will calculate the gain which would have accrued to employees, the Ford Company, the national revenue and the real economy of the United Kingdom by an agreed 5 per cent. settlement without industrial action.

Most of the information needed for such an estimate is not readily available.