“I am in favour of sensible, well argued extensions of public ownership. … But I am also in favour of a healthy, vigorous and profitable private sector. We do and shall depend upon it to provide a great part of our jobs, our exports and our production. And if we allow a mood of sullen uncertainty to build up in that sector we shall lose more than we shall gain by the sensible and necessary extension of the public sector.”

— Roy Jenkins

Speech to the Pembrokeshire Constituency Labour Party in Haverfordwest (26 July 1974), quoted in The Times (27 July 1974), p. 3
1970s

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Roy Jenkins51

British politician, historian and writer 1920–2003

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