P207 ORACLE 207 Sun17 Oct ITN 2210:10 DEVALUATION WOULD SAVE JOBS — SHORE Shadow Chancellor Peter Shore has called for a devaluation of sterling to stop unemployment rising even further. He said public spending should be boosted to increase demand and fill the order books of manufacturing industry. But if the pound was not depreciated any increase in demand would tend to lean towards imported goods. Speaking in Birmingham, Mr Shore said it was difficult to see how unemployment could be less than four million by the end of the decade. This would result from the 1.25% growth suggested by the Government Think Tank.