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  • During the 1960s, and again in the 1970s, growth in manufacturing productivity in the United Kingdom was the lowest of all the seven major industrial countries in the world. During the 1980s, our annual rate of growth of output per head in manufacturing has been the highest of all the seven major industrial countries.

    "The Economic Background". Speech in the House of Commons, hansard.millbanksystems.com. March 17, 1987.
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