Subsidies (Hansard, 18 July 1975)

HC Deb 18 July 1975 vol 895 c644W 644W

§ Mr. Shepherd
asked the Secretary of State for Prices and Consumer Protection what would be the price at the latest date for which figures are available of a large white loaf of bread, a pound of butter, a pound of cheese and a pint of milk if all the subsidies were removed.

§ Mr. Maclennan
Average retail prices derived from information collected for the purposes of the General Index of Retail Prices are as follows:

Average Retail price 13th Mav 1975 p. Estimated price if subsidy were removed^* p.

Large white loaf of bread, sliced (1¾ lbs.) 16.1 18.6

1 lb. of butter 30.1 41.1

1 lb. of cheese, Cheddar type 42.8 54.8

1 pint of milk, pasturised 6 8

^* This assumes that if the subsidy were removed the full cost would be passed on to the consumer.

	Average Retail price 13th Mav 1975 p.	Estimated price if subsidy were removed^* p.
Large white loaf of bread, sliced (1¾ lbs.)	16.1	18.6
1 lb. of butter	30.1	41.1
1 lb. of cheese, Cheddar type	42.8	54.8
1 pint of milk, pasturised	6	8
^* This assumes that if the subsidy were removed the full cost would be passed on to the consumer.