§ Mr. Arthur Lewisasked the President of the Board of Trade whether when giving his approval for the 25 per cent. increase in the price of theDaily Mirror,he took account of the fact that this represents an extra revenue of some £65,000 per day; and what evidence was produced that the cost of newsprint and other costs have risen by this amount since devaluation.
§ Mr. DarlingI would refer my hon. Friend to the reply I gave him on the 7th February [Vol. 158 c.134]. Increased revenue, like increased costs, is relevant. Detailed information submitted to us in connection with these cases is confidential, but my hon. Friend's estimate of the increased revenue in this instance appears excessive.
§ Mr. Arthur Lewisasked the President of the Board of Trade whether it was with his approval that the National Board for Prices and Incomes stated on 9th February, 1968 that they had not been asked to investigate the 25 per cent. increase in the price of theDaily Mirror;and whether he will cause further investigations to be made.
§ Mr. DarlingThe price of theDaily Mirrorwas covered by the reference made to the National Board for Prices and Incomes on 25th July, 1967, and by their Report published as Cmnd. 3435.