Since 1st January this year the ex-refinery price of sugar in Britain has varied between 64s. 3d. per cwt. and 88s. per cwt. This is far less than the variations in the world price of sugar. I do not believe that the variations have had substantial adverse effects on large-scale users of sugar. We are however in consultation with trade associations about the operation of the Sugar Act and we are seeking to reduce the range of variations in the price of sugar.