HC Deb 20 December 1966 vol 738 c1172
33. Mr. Geoffrey Lloyd

asked the Minister of Power what steps he is taking, in respect of the electricity and gas boards, to complement the existing requirements for minimum rates of return on new investment within a requirement regarding the costs within each board's control.

Mr. Marsh

My Department has discussed this suggestion of the National Prices and Incomes Board with officials of the Gas and Electricity Councils and it will be borne in mind in the settlement of financial objectives for the period commencing 1st April, 1968. It does, however, present certain practical difficulties.