HC Deb 02 July 1980 vol 987 c587W
Mr. Marlow

asked the Minister of Agriculture, Fisheries and Food what would be the percentage effect on the price of food and on the retail price index if the cost of food were to be reduced by £1,500 million.

Mr. Buchanan-Smith

£1,500 million is about 6½ per cent. of consumers' expenditure on food in 1979 and nearly 1½ per cent. of consumers' total expenditure.