Retail Prices

Oral Answers to Questions — Coal – in the House of Commons at 12:00 am on 6th February 1956.

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Photo of Mr Albert Roberts Mr Albert Roberts , Normanton 12:00 am, 6th February 1956

asked the Minister of Fuel and Power what factors he takes into account in calculating the retail price of domestic coal.

Photo of Mr Aubrey Jones Mr Aubrey Jones , Birmingham, Hall Green

The cost to retail merchants at their depots, the costs of distribution from depots to consumers, and an allowance for net profit.

Photo of Mr Albert Roberts Mr Albert Roberts , Normanton

Is the same calculation used to arrive at the price of coal to industrial consumers?

Photo of Mr Aubrey Jones Mr Aubrey Jones , Birmingham, Hall Green

There is no maximum price of coal to industrial consumers. The maximum retail price applies only to domestic coal.

Photo of Mr George Sylvester Mr George Sylvester , Pontefract

In view of the Minister's answer about transport and so on, can he say how it is that the price in mining areas, where the coal is fetched straight from the pits, is double the average pithead price paid to the Coal Board?

Photo of Mr Aubrey Jones Mr Aubrey Jones , Birmingham, Hall Green

All I can say is that the maximum retail price is determined after a representative sample has been obtained. I assure the hon. Member that the profit margin fixed with the Ministry is not unduly generous.