HC Deb 26 November 1945 vol 416 c1028W
Mr. Mikardo

asked the President of the Board of Trade if he is aware that the price controls operated by his Board have in many cases resulted in increasing the manufacturing efficiency of the industries concerned; and whether he proposes to encourage increased efficiency in distribution by reducing the profit margins allowed to wholesalers and retailers, particularly the former.

Sir S. Cripps

Price control may have operated to increase manufacturing efficiency in some cases. The gross profit margins allowed to wholesalers and retailers are also some incentive to efficiency. These margins will be kept under constant review.

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