I think that I read the same paper. That is absolutely true, and the Government have taken a number of measures. I am merely saying that they are insufficient. Everything is helpful, and I am a fan of the manufacturing advisory services in particular. Hon. Members may be familiar with...

I think that I read the same paper. That is absolutely true, and the Government have taken a number of measures. I am merely saying that they are insufficient. Everything is helpful, and I am a fan of the manufacturing advisory services in particular. Hon. Members may be familiar with...

Yes, and may I also point out that many of our local authorities have a long and honourable record of putting together trade fairs especially for the benefit of local manufacturers, and traders in goods and services, in order to create a virtuous circle of economic growth within their districts?...

Yes, and may I also point out that many of our local authorities have a long and honourable record of putting together trade fairs especially for the benefit of local manufacturers, and traders in goods and services, in order to create a virtuous circle of economic growth within their districts?...

I am pleased to hear the right hon. Gentleman moving back towards the middle path that I was suggesting, which is to have a use for those instruments, but not a misuse. We can now take that as read. I want to concentrate my remarks on what I regard as...

I am pleased to hear the right hon. Gentleman moving back towards the middle path that I was suggesting, which is to have a use for those instruments, but not a misuse. We can now take that as read. I want to concentrate my remarks on what I regard as...

The hon. Gentleman shares my views on such matters. Of course I agree with that, but it is worth reflecting on the fact that although we have some seriously good manufacturers—world champions in many respects—we have an enormous tale of underperforming small and medium-sized businesses, which tend to cause a...

The hon. Gentleman shares my views on such matters. Of course I agree with that, but it is worth reflecting on the fact that although we have some seriously good manufacturers—world champions in many respects—we have an enormous tale of underperforming small and medium-sized businesses, which tend to cause a...

Thank you very much. I endorse the remarks of the hon. Member for Solihull (Lorely Burt). We share a common interest in the success of the auto industry, not least because, although manufacturing employment in the west midlands has fallen from about 92,000 people 10 years ago to about 71,000...

Thank you very much. I endorse the remarks of the hon. Member for Solihull (Lorely Burt). We share a common interest in the success of the auto industry, not least because, although manufacturing employment in the west midlands has fallen from about 92,000 people 10 years ago to about 71,000...

I thank the hon. Lady very much for the history lesson about 1929 and Galbraith’s treatise on the subject. Would she say that there will be a market correction in the near future, or will we have to adopt far more Galbraithian responses to the current crisis?

I thank the hon. Lady very much for the history lesson about 1929 and Galbraith’s treatise on the subject. Would she say that there will be a market correction in the near future, or will we have to adopt far more Galbraithian responses to the current crisis?

It does indeed.

It does indeed.

It is a great pleasure to follow the right hon. Member for Fylde (Mr. Jack) and to listen to his words of wisdom about our financial institutions. He joins the hon. Member for Beckenham (Mrs. Lait), who also made an excellent speech, about the problems resulting from, if I may...

It is a great pleasure to follow the right hon. Member for Fylde (Mr. Jack) and to listen to his words of wisdom about our financial institutions. He joins the hon. Member for Beckenham (Mrs. Lait), who also made an excellent speech, about the problems resulting from, if I may...

I have a slightly different point from that of my hon. Friend the Member for Great Grimsby (Mr. Mitchell) on monetary policy and the use of interest rates to calm inflation. Is it not the case that the measures announced by the Chancellor on longer-term mortgages will assist monetary policy...

I have a slightly different point from that of my hon. Friend the Member for Great Grimsby (Mr. Mitchell) on monetary policy and the use of interest rates to calm inflation. Is it not the case that the measures announced by the Chancellor on longer-term mortgages will assist monetary policy...

First, may I say to the Chancellor that he has been wise to take his time before arriving at this momentous decision? That is absolutely right. People will see it as a common-sense response to a difficult position. However, does he recall, in the days before demutualisation, that the bank...

First, may I say to the Chancellor that he has been wise to take his time before arriving at this momentous decision? That is absolutely right. People will see it as a common-sense response to a difficult position. However, does he recall, in the days before demutualisation, that the bank...