§ 112. Mr. Higgins
asked the Secretary of State for Employment and Productivity whether increases in prices which flowed inevitably from the effect of devaluation on import prices have been permitted under the prices and incomes policy.
§ Mr. Harold Walker
The need for price increases to take account of the effects of devaluation was specifically recognised in paragraph 14 of the White Paper "Productivity, Prices and Incomes Policy in 1968 and 1969" (Cmnd. 3590).