Tax and Price Index

HC Deb 18 March 1981 vol 1 c101W

Mr. Wheeler

asked the Chancellor of the Exchequer what is his forecast of the tax and price index.

Sir Geoffrey Howe

The year-on-year increase in the TPI is forecast to be around 13 to 13½ per cent. in the fourth quarter of 1981.

Mr. William Hamilton

asked the Chancellor of the exchequer what is the estimated effect of the Budget proposals on the tax and price index.

Mr. Brittan

[pursuant to his reply, 17 March 1981]: I refer the hon. Member to the reply given by my right hon. and learned Friend the Chancellor of the Exchequer to the right hon. Member for Doncaster (Mr. Walker) on 16 March.