HC Deb 05 December 1977 vol 940 cc506-7W
28. Mr. Skinner

asked the Secretary of State for Prices and Consumer Protection whether he will seek to introduce a price freeze.

Mr. Hattersley

No. A price freeze would attack symptoms rather than cause. Firms in both public and private sectors would be unable to recover unavoidable cost increases, and both investment and jobs would be put at risk.