Industrial Pricing Policy

Part of Oral Answers to Questions — Oral Answers to Questions – in the House of Commons at 12:00 am on 5 December 1977.

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Photo of Mr Roy Hattersley Mr Roy Hattersley , Birmingham Sparkbrook 12:00, 5 December 1977

There is no doubt that, during the long night when we were kept up by the Opposition's hope that the Price Commission Bill could be defeated, the major concession for which they asked was, in one sense, an intensification of the safeguard provisions. It is less than consistent to complain that the provisions are too strong when they are implemented yet too weak when they are actually operated.