§ Mr. GalbraithTo ask the President of the Board of Trade what representations he has received concerning the recent increase in petrol prices; and if he will make a statement. [6393]
§ Mr. PageI have received a number of representations regarding those increases in petrol prices that pre-dated the increase in duty in the Budget. Those were due to a slackening in the intense price competition of earlier this year, coupled with increases in international oil prices.
Gross margins have, however, still not recovered to the levels of 1995.