HC Deb 18 November 1976 vol 919 cc682-3W
Mr. Woof

asked the Chancellor of the Exchequer if he will estimate the increased costs of raw materials over the next 12 months, caused through the external value of the £ sterling.

Mr. Robert Sheldon

Changes in the value of sterling will normally be reflected in the sterling prices of raw materials, though the full effects may take some time to work through.