HC Deb 23 July 1976 vol 915 cc620-1W
Mr. Ralph Howell

asked the Chancellor of the Exchequer what was the percentage rise in the general level of prices of (a) each nationalised industry and (b) of all nationalised industries together between 31st March 1975 and 31st March 1976.

Mr. Joel Barnett

Following is the information:

Per cent. Increase
(a) Industry (Estimated)
National Coal Board
Domestic 22
Industrial 15
(1)
Electricity (England and Wales) 33
North of Scotland Hydro-Electric Board 22
South of Scotland Electricity Board 26
British Gas Corporation
Domestic 20
Non-domestic 21
(2)
British Steel Corporation (3)
Post Office
Telecommunications 80
Posts 22
British Airways Board 20
British Airports Authority 29
British Railways Board
Passenger fares 48
Freight 29
Parcels 27
British Transport Docks Board
Uncontrolled charges
Controlled charges 72
British Waterways Board 56
National Freight Corporation 15
National Bus Company 40

Scottish Transport Group
Bus companies 20
Shipping companies 18

(b) The retail prices index for goods and services mainly produced by the nationalised industries rose by 33 per cent. between April 1975 and April 1976.

(1) In addition to these increases, which apply to all coal fuels, there was a 3 per cent. increase in smokeless fuels only in January 1976.

(2) Excludes industrial consumers having individually negotiated contracts.

(3) It is not possible to give a single overall figure. The average list prices of BSC's main product groups increased within the range of 0–27 per cent.

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