§ 1. Sir John Hall
asked the Chancellor of the Exchequer what has been the total cost to all nationalised industries of voluntary and imposed price control up to September 1973; and to what extent this will have to be met by Government subsidy.
§ Mr. Patrick Jenkin
No accurate estimate is practicable, but the cost in the current year of deficit grants and surpluses forgone may be of the order of £400 million. Estimates for earlier years would be even more speculative.