HC Deb 29 November 1973 vol 865 c181W
1. Sir John Hall

asked the Chancellor of the Exchequer what has been the total cost to all nationalised industries of voluntary and imposed price control up to September 1973; and to what extent this will have to be met by Government subsidy.

Mr. Patrick Jenkin

No accurate estimate is practicable, but the cost in the current year of deficit grants and surpluses forgone may be of the order of £400 million. Estimates for earlier years would be even more speculative.