HC Deb 23 November 1950 vol 481 cc74-5W
79. Mrs Mann

asked the President of the Board of Trade why knitting wool from stocks held now bears increases of from 6d. to 1s. per ounce; to what extent knitting wool prices are controlled; and at what figure.

Mr. H. Wilson

I understand that the recent increases in knitting wool prices—which are in most cases about 6d. an ounce for botany wools and 3d. an ounce for cross-bred types—were related to rises in raw wool prices which occurred before the August wool auctions, and do not reflect the latest raw wool prices. Knitting wool prices are not at present controlled. I have invited the Central Price Regulation Committee to review the position and to let me know whether, in their opinion, it is advisable to reimpose control.