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AMENDMENT OF THE LAW

No, I am sorry; time is pressing. We need lower interest rates and a more competitive exchange rate. The high pound is still strangling manufacturing, and we cannot have a revival of production unless producing in this country is made profitable through a competitive exchange rate and an increase in demand. We need to build more houses, and to power through the contractionary forces that are rising in the economy. We cannot rely on the current policies, particularly the high interest rates and the Bank of England’s uncompetitive exchange rate, to do that.