Raw Materials Prices In The UK

EDM number 350 in 1994-95, proposed by Alan Meale on 10/01/1995.

That this House is greatly alarmed by the series of large price increases for raw materials, particularly aluminium, which are now seriously affecting the viability of British manufacturing industry; notes that since March 1994 the average price paid for aluminium has rocketed by more than 36 per cent., with quoted delivery prices for the first quarter of 1995 reflecting a further 20 per cent. increase in charges; warns the Government that such price hikes as this, along with others over the same period including the cost of cartons up by 20 per cent., polymers 35 per cent., stainless steel 20 per cent. and copper up by 40 per cent. will have a serious detrimental effect upon British manufacturing industries' abilities to compete both at home and abroad; and calls upon Her Majesty's Government to investigate such unwarranted price increases and then to take immediate and effective action to stabilise the costs of such raw materials in order to protect jobs in the United Kingdom and Britain's manufacturing industries.

This motion has been signed by a total of 47 MPs.