HC Deb 13 May 1968 vol 764 cc177-8W
Sir C. Osborne

asked the Secretary of State for Employment and Productivity what are her criteria in deciding what price increases are unnecessary; how many such increase have already taken place; and how much it will cost her Department to reduce them.

Mr. Haftersley

Price increases should take place only where justified under the criteria of Cmnd. 3590. The Govern- ment have power to refer increases to the National Board for Prices and Incomes and are seeking power to require price reductions on the Board's recommendation.