§ 78. Sir J. Edenasked the Minister of Power whether he will inquire into the reasons why certain area boards have decided to raise electricity charges by 7½ per cent. from 1st February; and ii he will take steps to ensure that nationalised industries generally do not raise their charges, thereby increasing the cost of manufacture and production throughout British industry.
§ Mr. Frederick LeeI have been informed of the reasons why the board concerned has decided to raise its prices. I am satisfied that the price increases by the nationalised boards for which I am responsible have been fully justified by the increase in the costs they have to face after taking account of the126W economies they have been able to make by improving their productivity.
§ Sir C. Osborneasked the Minister of Power if he is aware that the price of electricity from the North Eastern Electricity Board is likely to go up soon; if he will seek the reasons for this rise; and if he will make a statement.
§ Mr. Frederick LeeIt is the general practice of the nationalised industries for which I am responsible to consult me and explain their reasons for any price increases they are considering. I am therefore aware that there is a possibility of a price increase in this case and of the reasons which may make it necessary.