• Short Summary

    BRITAIN'S LABOUR GOVERNMENT HAS LAUNCHED ITS NEW NATIONAL INCOMES POLICY FOR THE CONTROL OF PAY, PROFITS AND PRICES WITH THE AGREEMENT OF BOTH SIDES OF INDUSTRY.

  • Description

    BRITAIN'S LABOUR GOVERNMENT HAS LAUNCHED ITS NEW NATIONAL INCOMES POLICY FOR THE CONTROL OF PAY, PROFITS AND PRICES WITH THE AGREEMENT OF BOTH SIDES OF INDUSTRY. AT A CEREMONY IN LONDON THIS AFTERNOON (WEDNESDAY), EMPLOYERS AND EMPLOYEES PLEDGED THEMSELVES -- IN A "JOINT STATEMENT OF INTENT" -- TO INCREASE EFFICIENCY AND KEEP WAGE INCREASES IN LINE WITH PRODUCTIVITY.

    THE GOVERNMENT, FOR THEIR PART, GAVE A PLEDGE TO CARRY OUT AN URGENT PLAN FOR ECONOMIC DEVELOPMENT AND KEEP A WATCH ON PRICES AND INCOMES OF ALL KINDS. THEY WOULD CORRECT, BY TAXATION, ANY EXCESSIVE GROWTH IN PROFITS AS COMPARED WITH WAGES.

    MR. BROWN LATER DESCRIBED THE AGREEMENT AS A BREAK-THROUGH -- MADE POSSIBLE BY GREAT EFFORT FROM BOTH SIDES OF INDUSTRY. HISTORY HAD BEEN MADE, AND THE CLASS-WAR SIGNED AWAY. HE SAID THE AGREEMENT WAS A VICTORY AND A CHALLENGE TO THE WHOLE NATION.

    HE TOLD THE BRITISH PARLIAMENT TODAY THAT THIS WAS ONLY THE FIRST STAGE, BUT TO HAVE TAKEN IT WAS "TREMENDOUS". THE GOVERNMENT WOULD LOSE NO TIME IN ENTERING THE NEXT STAGE OF DISCUSSIONS WITH THE TRADE UNIONS AND MANAGEMENT REPRESENTATIVES. HE SAID THE SENSE OF NATIONAL PURPOSE AND THE SPIRIT OF MUTUAL CONFIDENCE THE AGREEMENT REFLECTED WERE "MOST EXCITING."
    UNION LEADERS OF THREE MILLION WORKERS IN BRITAIN'S ENGINEERING INDUSTRY TONIGHT ACCEPTED AN EMPLOYERS' OFFER OF A THREE-YEAR PACKAGE DEAL ON PAY, HOURS AND HOLIDAYS.

    (IT'S ESTIMATED THE DEAL WILL COST SHIPBUILDING AND ENGINEERING EMPLOYERS AN EXTRA 300 MILLION STERLING DURING THE THREE-YEAR PERIOD. THE DEAL IS REGARDED AS A CORNER-STONE OF THE INCOMES POLICY NOW BEING PURSUED BY MR. GEORGE BROWN, MINISTER OF ECONOMIC AFFAIRS.)

  • Tags

  • Data

    Film ID:
    VLVA5XRRO63TQY60Z28WCWWI96W8J
    Media URN:
    VLVA5XRRO63TQY60Z28WCWWI96W8J
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    16/12/1964
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:01:00
    Time in/Out:
    /
    Canister:
    N/A

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