HC Deb 21 July 1975 vol 896 cc35-6W
Mr. Fell

asked the Chancellor of the Exchequer what he estimates to be the approximate effect of the proposals in Command Paper No. 6151 on the relative price effect in 1975–76 and 1976–77 in £ million 1974 survey prices.

Mr. Joel Barnett

Since the measures affect the private and the public sectors equally, they are unlikely to have any effect on relative prices, except possibly transitionally; and any such effect is likely to be small.