§ Mr. Beithasked the Chancellor of the Exchequer whether he consider exempting foreign students at English language schools from having to pay value added tax on their tuition fees.
§ Mr. Peter Rees[pursuant to his reply, 30 July 1981]: No. English language courses provided by commercial English language schools involve expenditure incurred in the United Kingdom and I am afraid that special VAT treatment could not be justified in the context of a broadly based tax.
698Wwholesale prices and indices of relative export and wholesale prices are published on pages 46 and 50 of Economic Trends, June 1981. Exchange rates are determined by market forces. There is no satisfactory way of estimating the extent to which the markets' views are influenced by particular factors.