§ Mr. John Grantasked the Chancellor of the Exchequer what is his estimate of the change in real terms of revenue from company taxation in the year 1980–81 compared with 1979–80 (a) excluding revenues from North Sea oil in both years and (b) excluding the increased revenue from North Sea oil in 1980–81 compared with 1979–80.
§ Mr. Peter ReesDecrease of approximately(a) 19 per cent, and (b) 17 per cent.