HC Deb 08 March 1976 vol 907 cc71-2W
19. Mr. Dodsworth

asked the Secretary of State for Prices and Consumer Protection whether she is satisfied that the Price Code is operating in such a way that prices are being controlled and company profits are developing.

Mrs. Shirley Williams

A prices policy has to strike the right balance between two objectives. It must protect the consumer against excessive and unwarranted price increases, and it must not stop firms from earning the profit they need to stay in business and invest for the future. The policy is being reviewed so that we can consider whether the present balance is right.

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