§ Mr. Hugh Jenkins
asked the Chancellor of the Exchequer if he will now take steps to limit price increases brought about by the increase in profit margins referred to in the Treasury's August assessment of the economic situation.
§ Mr. Maurice Macmillan
No. I do not accept the hon. Gentleman's interpretation of the facts. For over recent years company profits have been, and are still,
1968–69 Licence Revenue accruing to the Treasury Annual Licence Fee Cost of Collection (£ million) (£ million) Dog … Nil 7s. 6d. Radio and Television … 86 (a) 4 Motor Vehicle … 399 (b) £25 (e) 10 (c) Driving … 6 15s. (d)
(a) Radio only Combined Radio and Monochrome Television Combined Radio and Colour Television To 31st December, 1968 … … £1 5s. £5 £10 From 1st January, 1969 … … £1 5s. £6 £11 (b) Net of export rebates, etc. (c) Separate costs of collecting motor vehicles and driving licence fees are not available. (d) For three years. (e) For private cars. The annual licence fee for motor-cycles varies between £2 10s. and £10 depending on cylinder capacity, and for goods vehicles between £24 and over £400, depending on unladen weight.