§ 67. Mr. Willeyasked the Minister of Food what the loss of £20,876,010 incurred by his Department iii 1953–54 owing to decontrol and the sale of stocks was expressed as a percentage of the purchase price of such stocks.
Dr. HillThe provisions made in the accounts of my Department as at 31st March, 1954, for losses on stocks of certain foods represented about 8 per cent. of the cost of trading stocks held at that date.