§ Obviously, some of these increases are large, and I have explained to the House why. But I hope industrial users will recognise that their competitors will also have to meet increases in energy prices and other costs. We have helped domestic users by delaying the increase for domestic coal and substantially reducing the increase in electricity charges.
§ The effect of these decisions will be that we are supporting prices in these 302 nationalised industries, on present forecasts, by about £500 million in 1974–75. This compares with a potential £1,400 million if none of these increases took place. Of the revenue support total for 1974–75, roughly speaking £400 million will be divided between the electricity industry and the railways, and the balance between the National Coal Board and the Post Office.