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Gas And Electricity Industries

Volume 84: debated on Wednesday 23 October 1985

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asked the Secretary of State for Energy what is the Government's policy on the external financing limits for the gas and electricity industries: what consequences this will have for their future prices: and if he will make a statement.

The Government agree external financing limits with the industries. The setting of prices is a matter for the industries. They must take into account the cost of supply, as well as the financial framework agreed with the Government.