§ Mr. Austin Mitchell
To ask the Chancellor of the Exchequer what percentage increase over the nearest equivalent figure for 1976 and 1966 is represented by the total rateable value of offices, including banks in office areas, in London, as shown in section 1 of table 11.1 of Inland Revenue Statistics 1987.
§ Mr. Norman Lamont
About 26.5 per cent. for 1 April 1986 compared with 1 April 1976. A comparison with 1966 would not be appropriate because rateable values for that year were based on the 1963 revaluation.