HC Deb 16 March 1948 vol 448 c1882
58. Mr. Piratin

asked the Chancellor of the Exchequer whether he has considered the report made to him by the Federation of British Industries relating to prices and profits, whether this report meets his objectives of reducing prices and profits, to conform with his policy of freezing wages, and whether he will make a statement.

Sir S. Cripps

Yes, Sir. My reply to the Federation was published this morning.

Mr. Piratin

Is the Chancellor aware that, with regard to the control of prices, the Federation in this case have taken as little notice of him as they took of his predecessor with regard to the question of the distribution of dividends and would he, therefore, say whether he proposes to take any measures in view of the new features, apart from the Budget, in order to reduce prices and profits?

Sir S. Cripps

I am not prepared to make any further statement.

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