HC Deb 03 March 1920 vol 126 c476W
Lieut.-Colonel ASSHETON-POWNALL

asked the Chancellor of the Exchequer what he estimates would be the increase in the index figure of the cost of living compared with July, 1914, if bread were sold at its real, and not a subsidised, price?

Sir R. HORNE

I have been asked to reply to this question. It is estimated that the removal of the subsidy on flour and bread would result in a rise of 12 points in the general "cost of living" index figure as published in the "Labour Gazette."