HC Deb 25 March 1976 vol 908 cc235-6W
46. Sir J. Langford-Holt

asked the Minister of Agriculture, Fisheries and Food why he has decided not to press for the re-valuation of the green pound; and what effect this will have on the agriculture industry.

Mr. Peart

I believe that the measures which I announced on 8th March provide producers in this country with an adequate level of support. I did not consider, therefore, that a devaluation of the green pound was called for, in view of the effect of such an adjustment on food prices. I shall continue, however, to keep the green pound under review.

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