25 MARCH 1989, Page 24

Pam and I

PAMELLA Bordes and I are doing re- search on the Net Book Agreement. My contribution is to spot a report from Peat Marwick McLintock, which says that if publishers insist on putting up prices 71 per cent faster than the going rate of inflation, they must find it harder to make their prices stick. The alternative, I suppose, is to cut back on all those lunches at the Groucho Club. Peat's report is published by the British Library: 'price', I note with interest, 'yet to be fixed'.