Price Restraint

Part of Oral Answers to Questions — Prices and Consumer Protection – in the House of Commons at 12:00 am on 2nd February 1976.

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Photo of Mr Mike Thomas Mr Mike Thomas , Newcastle upon Tyne East 12:00 am, 2nd February 1976

In view of the importance of fuel and postage costs in the household budget, will my hon. Friend explain how it is that private industry has voluntarily entered into such an agreement whilst publicly-owned industries, which are the direct responsibility of my right hon. Friends, have appeared to be reluctant to do so?