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Utility Clothing (Profit Margins

Volume 481: debated on Thursday 30 November 1950

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asked the President of the Board of Trade whether after inquiry by his officers at the premises of a firm in Leeds, referred to him by the hon. Member for Leeds, West, he is satisfied that the margins allowed to the trade for outwear utility garments are such that the consumers' interest is being protected whilst maintaining trade union wages and conditions and fair trading profits in the industry.

Can my right hon. Friend say how often his Department revises the utility price margins?

We are conducting continuous examination into the actual costs of production and margins of profit on practically every item covered by price control under the utility scheme.