Food Prices

Part of Oral Answers to Questions — Agriculture, Fisheries and Food – in the House of Commons at 12:00 am on 13th July 1964.

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Photo of Mr Christopher Soames Mr Christopher Soames , Bedford 12:00 am, 13th July 1964

It is rather agreeable to think that the hon. Gentleman has been waiting patiently. A free market and food subsidies cannot both be operated at the same time. The difference between the order of increase likely to come about in a free market, on the one hand, and in a State-run market on the other, is very considerable. The hon. Gentleman might appreciate that between 1957 and 1963 the rise in the cost of food was of the order of 9 per cent., or Is. 10d. in the £, whereas between 1946 and 1952, even with food subsidies, the rise was 58 per cent., or 11s. 7d. in the £.