HC Deb 02 February 1981 vol 998 cc37-8W
Mr. Campbell-Savours

asked the Secretary of State for Industry, pursuant to his reply to the hon. Member for Workington on 26 January, if he is satisfied that continuing competitive efficiency will be possible for the United Kingdom textile industry in the face of the advantages gained by United States of America producers caused by their advantageous feedstock prices.

Mr. MacGregor

Advantageous feedstock prices enjoyed by United States producers are only one of the many factors which affect the continuing efficiency of the United Kingdom textile industry. In any case, part of this advantage has just been eliminated following the announcement last week by President Reagan that United States oil price controls are to end immediately.