§ Mr. MilburnTo ask the Chancellor of the Exchequer what is his estimate of the loss to the Exchequer of increased imports of cheap cigarettes arising from his agreement to a 57 per cent. minimum excise level at the ECOFIN Council on 24 June 1991.
§ Sir John CopeI do not expect the 24 June 1991 ECOFIN Council agreement on a 57 per cent. minimum excise level on cigarettes to lead to loss to the Exchequer since it does not require the UK to change the level or structure of its excise duties on cigarettes.