HC Deb 07 November 1950 vol 480 c44W
98. Mr. Chetwynd

asked the President of the Board of Trade whether he will impose price control on goods where price increases have been made which are not related to increases in the cost of raw materials.

Mr. Bottomley

As my hon. Friend will be aware from the statement made by my right hon. Friend the Chancellor of the Exchequer in the Debate on the Address on 2nd November, we are arranging for a review of the Board of Trade field of price control so as to see whether it is advisable to re-impose some of the controls which were removed before the recent change in the economic climate. In considering cases where uncontrolled prices have been increased, account will be taken of all relevant factors, which may include changes in costs other than raw material costs.