HC Deb 12 July 1956 vol 556 cc588-9
46. Mr. G. Jeger

asked the Prime Minister with which sections of private industry he has now discussed a standstill in prices; and with what results.

The Prime Minister

I have discussed the general economic situation and the importance of keeping prices down with representatives of the Federation of British Industries and the British Employers' Confederation and also with representatives of the Trades Union Congress.

I understand that the Federation of British Industries, the National Union of Manufacturers, the Association of British Chambers of Commerce and the British Employers' Confederation are issuing certain statements this afternoon. The hon. Member and the House will no doubt wish to consider these carefully.

Mr. Jeger

Will the right hon. Gentleman say whether he has also had consultations with the brewers? Is he aware that they have recently increased the price of beer, in spite of the fact that there is a close connection between the right hon. Gentleman's party and the brewers, whereby the latter lent their poster sites, upon which was advertised his party's Election pledge that it would reduce the cost of living?

The Prime Minister

I have just said that a number of statements are being put out this afternoon by various employing bodies. Perhaps the hon. Member would study them, and if he is not satisfied he can put down a Question to me later.

Lieut.-Colonel Bromley-Davenport

How has it been possible for any private industry to keep down its prices when coal and transport, upon which all other ultimate costing depends, keep on rising in price? Is not this typical of nationalised industries, and should not they set an example?

Mr. Jay

Can the Prime Minister say whether, in these general discussions with private industry, he asked for restraint in dividends as well as in prices?

The Prime Minister

I am certainly not going to say anything about our discussions either with the T.U.C. or with private industry. If the hon. Member will study the statements which are being put out this afternoon he will find them not unencouraging for the national purpose which we should all have in mind.