HC Deb 05 February 1973 vol 850 c9W
Mr. Tope

asked the Secretary of State for Trade and Industry why he authorised paper and board makers to increase their prices by up to 7 per cent. with effect from 15th January 1973.

Mr. Anthony Grant

Consent has been given to increases in paper and board prices in view of the higher cost of imported raw materials. The permissible increases vary between 2 per cent. and 7 per cent. according to the raw material content. Manufacturers are being required to absorb a substantial proportion of the increased raw material costs and increases in other costs.