HC Deb 17 April 1978 vol 948 cc48-9W
43. Mr. Heffer

asked the Secretary of State for Prices and Consumer Protection what further steps he has taken to control prices in the public sector of industry.

Mr. Hattersley

Nationalised industry price proposals are subject to the scrutiny of the Price Commission on the same basis as those of private industry. Now that the Government have brought to an end the damaging losses forced on nationalised industries by the previous administration, I expect that future price increases will reflect only the need of the industries to make an economic return.

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