§ Mr. McKayasked the Chancellor of the Exchequer what was the loss of revenue in 1953–54 arising from the initial allowances; and what is the estimated loss in 1954–55.
§ Mr. H. BrookeThe cost of restoring initial allowances was nil in 1953–54 and is estimated at £50 million in 1954–55.178W and what is the cumulative total increase in each case.
§ Mr. MaudlingThe following is the reply: