HC Deb 26 February 1998 vol 307 c356W
Mr. Laurence Robertson

To ask the Chancellor of the Exchequer what assessment his Department has made of the impact on employment levels in the utility industries of the windfall tax. [29878]

Mr. Geoffrey Robinson

The Chancellor's judgment at the time of the July Budget was that, after consulting the regulators, the tax could be paid without any impact on prices, investment or the quality of service to customers or, in his view, on employment. Nothing has changed since then to alter that view.