§ 37. Mr. Archerasked the First Secretary of State and Secretary of State for Economic Affairs whether he is aware that quotations for certain manufactured goods, due for delivery in mid-1968, include additions of about 3 per cent. In respect of anticipated cost increases upon the termination of the period of severe restraint; and whether this is in conformity with the Government's estimate.
§ Mr. Frederick LeeI am looking into the case of which my hon. Friend has provided details and will write to him.
§ Mr. ArcherI thank my right hon. Friend for that Answer, but does not he agree that those of us who are anxious to see the Government's present policy succeed may have some difficulty in counselling moderation in incomes if the present period of restraint is followed by a spate of price increases?
§ Mr. LeeI am very concerned about the case of which my hon. Friend told me and I shall do everything possible to investigate it.