PRICE RISE
U.K. Bread ‘Battle’ (X Z.P A Reuter—Copyright» LONDON, January 12, The British Government I yesterday lost the first round in the latest bread battle. | In spite of last-minute j efforts by the Government to hold down the prices of bread, one of the country's biggest bakeries announced that it was determined to go ahead with its proposed penny-a-loaf increase from next Monday. The vice-chairman of the large firm of bakers, Mr Joseph Rank, reaffirmed his company's intention in a I statement issued after he had 'been called to a meeting by ithe Minister of State at the j Department of Economic Affairs. The Minister, Mr Austen Alibu, had asked the firm to defer the increase until the publication of a report by the National Board of Prices and Incomes on Wages in the baking industry. Bread is the latest to join a long list of commodities which have undergone a price rise during the first 12 days of 1966.
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Press, Volume CV, Issue 30957, 13 January 1966, Page 11
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161PRICE RISE Press, Volume CV, Issue 30957, 13 January 1966, Page 11
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