§ Mr. Teddy Taylor
asked the Chancellor of the Exchequer what estimate he has made of the impact on the employment and viability of the free newspaper industry of imposing a notional price on such publications for the purposes of a value added tax levy; and if he will make a statement.
§ Mr. Hayhoe
Treasury Ministers have considered carefully the representations that have been made on behalf of the free newspaper industry, including those on this point. I expect to meet the Association of Free Newspapers shortly.
It would be inappropriate at this stage before my right hon. Friend the Chancellor of the Exchequer's Budget statement to comment further.