HC Deb 02 February 1956 vol 548 c1077
43. Lieut.-Colonel Lipton

asked the Chancellor of the Exchequer whether, to aid the movement for stabilising prices, he will ask the British Petroleum Company to give an undertaking not to increase the price of petrol during the next twelve months.

Sir E. Boyle

No, Sir.

Lieut.-Colonel Lipton

Will the Minister bear in mind that in the case of this Government-owned company the Government have an opportunity of showing whether there is any sincerity in then-appeal for moderation in profits and dividends? Why are the Government so chary of setting an example in the case of an undertaking which is controlled by the Government and which has been showing handsome profits?

Sir E. Boyle

As I have said on a good many occasions, the Government do not interfere with the day-to-day operations of this company.

Lieut.-Colonel Lipton

In view of the very unsatisfactory nature of the reply——

Mr. Speaker

Mrs. Castle.