Productivity and Earnings

Part of Oral Answers to Questions — National Finance – in the House of Commons am 12:00 am ar 21 Ebrill 1970.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr David Lane Mr David Lane , Cambridge 12:00, 21 Ebrill 1970

Is not it clear that the relationship between these prospective increases will be highly inflationary? Will the right hon. Gentleman now tell us what the Chancellor overlooked giving us last night, his judgment of the likely trend of prices during the rest of the financial year?

Chancellor

The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.