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Technical Efficiency (Savings)

Volume 529: debated on Monday 21 June 1954

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asked the Minister of Fuel and Power the total saving in coal consumed by the nationalised electricity and gas industries, due to improved technical efficiency, since vesting date in each case.

Does the right hon. Gentleman agree that this saving is a tremendous tribute to the soundness of the policy of the nationalisation of those industries?

No, Sir. I think that that would not really be the case because, after all, even more sensational savings of fuel were made under private enterprise between the wars.