CONFIDENTIAL
long-term interests of achieving a larger British
share in this market, but there must be a matching
effort on the part of UK exporters. The Department
of Trade and this Government are conducting a joint
stuly, which I can only hope will come up with
proposals that will produce the upward trend that is
so badly needed.
11. G
In 1977 we will have hard work to
complete the large programme of labour legislation
announced, and there will be controversial legislation
affecting insurance and insider trading and giving
effect to recommendations of the Inland Revenue
Review Committee's report. But the main new thrust
of reform will be in the field of social welfare,
where a complete review is due to be undertaken both
in respect of services provided to the handicapped
the elderly and youth, and in the wide range of tranfer
payments now made both as of right and on account
of proved need. In addition, major programmes of
expansion in housing, education, medical and health
services, communications, recreation and of course
the fight against crime and corruption, must all be
pushed forward.
?
While I look back on 1976 with both
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