Cost of Living Index

HC Deb 18 March 1952 vol 497 cc2103-4

54. Mr. George Chetwynd

asked the Chancellor of the Exchequer the effect of the cut in food subsidies on the Cost of Living Index.

Mr. R. A. Butler

A rise, when in full operation, of about 4½ points on the index.

Mr. Chetwynd

As this rise will have a considerable effect upon the two million workers whose wages are effected by the Cost of Living Index and as it is bound to effect wage demands from other sections, would not the Chancellor reconsider the food subsidy problem from that angle?

Mr. Butler

The hon. Gentleman has put his question in a sympathetic way, but there is no question of reviewing Government policy in this respect or revising the general plan of the Budget, which is calculated to help those who have the greatest need.