Jones/CBI | IMGpapers 1976

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WINGERS OXFORD HOTEL BOSSES amount to is three per cent!

of Oxford & In the next fortnight TUC leaders will be sitting in secret session with Deni Healey to plan the third stage of incomes policy under the cover of 'an orderi return to free collective bargaining'. They will be fulfilling the first and mos important step advised in the CBI Manifesto, Programme for Action "77 which demands the continuation of incomes policy until August 1978.

Jack Jones is in complete agreement with CBI bosses Lord Watkinson an John Methven on the need for a flat rate increase with allowances fo differentials. Finance editors have been doing their sums, and like Patric Hutber of the Daily Telegraph conclude that the most a flat rate increase ca Prices are now increasing at an annual rate of 19 per cent and will not fa below 15 per cent next year. Hutber anticipates an unprecedented fall ir living standards'. 10 per cent is the figure they're bandying around.

Union branches are now discussing policy for the spring and summer unior conferences. The first item of any policy being fought for by militants is t