HC Deb 13 February 1990 vol 167 cc127-8W
Mr. Chris Smith

To ask the Chancellor of the Exchequer what is the impact on the retail price index of increasing excise duties on petrol by twice what is needed for indexation, and raising excise on the other areas by as much as is necessary to achieve the same overall revenue for the Exchequer as would be achieved by full indexation only of all items.

Mr. Ryder

[holding answer 12 February 1990]: 0.47 per cent.

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