Britain's socialist government controls prices, production, distribution & consumption through a hodgepodge of wartime emergency regulations enforced under the Supplies & Services Act. The act is now subject to annual review by Parliament. Last week the government gave notice that it would introduce a bill to establish all the economic controls it wants on a permanent statutory basis.
In the King's speech (written by the Cabinet) at the opening of a new session of Parliament, the proposed bill was explained as a measure "to defend full employment, to ensure that the resources of the community are used to best advantage...