HC Deb 07 March 1977 vol 927 c364W
Mr. Lee

asked the Secretary of State for Prices and Consumer Protection if he will reconsider the phasing out of consumer subsidies in view of the accelerating character of inflation.

Mr. Maclennan

I fully appreciate the concern which is felt generally about rising prices, and my right hon. Friend has recently announced proposals for maintaining a system of price control in the future, as part of the Government's policy to combat inflation. However, in view of the need to reduce public expenditure, which plays a key rôle in that policy, I regret that we cannot afford more money for consumer subsidies.

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