§ 19. Mr. Mike Thomasasked the Secretary of State for Prices and Consumer Protection whether he will make a statement on the trends in nationalised industry prices reported by the Price Commission.
§ Mr. MaclennanFollowing the deficits incurred by the Nationalised industries largely as a result of the last Conservative Government's policy and the quintupling of oil prices, substantial increases in nationalised industry prices were inevitable. However, with most of the industries now returning to surplus, it can be expected that further increases will be in line with price rises generally.