HC Deb 18 December 1956 vol 562 c128W
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.

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