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CBI backs measures

5th August 1966, Page 26
5th August 1966
Page 26
Page 26, 5th August 1966 — CBI backs measures
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Which of the following most accurately describes the problem?

DESPITE misgivings, the Confederation of British Industry on Wednesday undertook to give its "voluntary best" to achieve the standstill required under the prices and incomes freeze. The CBI considered the Governments package of emergency measures ill-balanced. Inevitably efforts would now be concentrated on achieving short-term objectives but Government, unions and employers must address themselves to the long-term requirements of the economy.