§ Mr. Crawfordasked the Chancellor of the Exchequer what would be the annual cost to the Exchequer if the duty on whisky were lowered to levels pertaining in March 1975.
§ Mr, Robert SheldonIt is estimated that there would be a reduction in revenue of about £125 million in a full year from reducing the duty on spirits in that way. Whisky would be expected to account for rather more than half of this.