§ 42. Mr. Janner
asked the President of the Board of Trade whether, in view of the large profits made by tobacco companies, he will now introduce price control for tobacco and cigarettes.
§ Mr. Rhodes
Except in the case of some pipe tobaccos, there have been no changes since well before the war in the retail prices of tobacco and cigarettes apart from increases following changes in the tobacco duties. At present, therefore, I do not consider it necessary to impose a statutory price control.
§ Mr. Janner
Is my hon. Friend aware that statements are now being made that it is proposed to increase the price of cigarettes and pipe tobacco? Is he also aware that there is very grave concern throughout the country about it, and will he see that there is no increase?
§ Viscount Hinchingbrooke
Is the hon. Gentleman aware that if the tobacco companies took a halfpenny off the price of a packet of cigarettes they would turn all their profits to losses?