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Mr. Banks
asked the Minister of Agriculture, Fisheries and Food what is his estimate of the likely increase in oil costs per gallon to the horticultural industry resulting from the devaluation of the £ sterling to 1·59 dollars.
Mr. Strang
It is not possible to give a firm estimate of the effect on oil costs to the horticultural industry of the recent fall in the parity of the pound, although it can be expected in time to be reflected in oil prices.