§ Mr. Lewis
asked the Chancellor of the Exchequer whether he is aware that 2¾d. per gallon, attributable to the increased cost of oil supplies, arising from the closure of the Suez Canal, is estimated to increase the Index of Retail Prices by about 1/10th of a point; and why the Is. per gallon extra tax only increases the index by less than ⅓ of a point.
§ Mr. H. Macmillan
The two estimates are in agreement. Paraffin is included in my right hon. Friend's estimate, but excluded from mine since it is free of duty.