HC Deb 21 June 1951 vol 489 cc82-3W
107. Mr. Gibson

asked the President of the Board of Trade whether, in view of the effect on the cost of living which the Orders issued since March this year permitting increases in maximum prices will have, he will reconsider these Orders and reduce the prices which consumers have to pay.

Mr. Rhodes

No. The maximum prices permitted by these Orders were prescribed only after very careful consideration of increases in raw material and other costs. To reduce these prices in advance of a reduction in costs would be likely to result in an inadequate supply of goods which the public requires. Where reductions in costs take place the maximum permitted prices are reviewed.

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