Part of the debate – in the House of Commons am 12:00 am ar 5 Rhagfyr 1973.
It would contribute in this way, I think—that one of the features of regional imbalance is, of course, to procure a degree of over-heating in some areas which is the counterpart of a degree of deflation and inadequate industrial activity in others. If the regional fund could bring about what it is intended that it should bring about—a greater parity of prosperity within the whole Community—that would be a substantial contribution to the improvement of inflationary tendencies.