§ Ms HarmanTo ask the Chancellor of the Exchequer if he will provide estimates for the cost of £30,000 home contents insurance and the resulting amount that will be paid under the new 3 per cent. tax in the constituencies of(a) Peckham, (b) Liverpool, Riverside, (c) Manchester Central, (d) Congleton, (e) Mid Norfolk and (f) Devizes.
§ Sir John CopeThe average household with home contents insurance would expect to pay a premium of £2.40 per week in 1994–95 which represents an insurance premium tax of 6p per week. The costs facing individuals will depend on the sum insured, the area in which they live and the precautions taken. Figures for insurance costs by individual parliamentary constituencies are not available.