HC Deb 22 November 1974 vol 881 c553W
Mr. Sydney Irving

asked the Secretary of State for Prices and Consumer Protection when she anticipates that the talks with industry on the possibility of a penalty to be imposed on companies which break the terms of the social contract by making huge salary and wage settlements will commence and which organisations are to be involved.

Mrs. Shirley Williams

I assume that the reference is to paragraph 13 of the White Paper on the review of the Price

January 1962 = 100
1965 1966 1967 1968 1969
Beer 120 124 129 130 139
Milk 113 116 120 127 133
January 1962 = 100 1974
1970 1971 1972 1973 (January—October)
Beer 151 162 171 177 195
Milk 141 167 175 180 157

Source: General Index of Retail Prices.