§ 67. Mr. F. Willeyasked the Minister of Food why the price of cheese, which in October, 1951, was ld. a lb. more than it was in July, 1945, is now 10d. a lb. more than it was in October, 1951.
§ Major Lloyd GeorgeThe increase of 10d. per lb. in the retail price of cheese introduced from 30th December, 1951, was required in order to keep the total cost of food subsidies during 1951–52 within the ceiling of £410 million laid down by the former Chancellor of the Exchequer. This increase had the effect of reducing the continuing rate of subsidy on cheese to approximately the same rate as that ruling in 1945–46.
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