§ Mr. Skinnerasked the Chancellor of the Exchequer what is the latest figure for the value of the pound taking it as 100p at 18th June, 1970.
§ Mr. HigginsTaking the value of the pound sterling to be 100p in mid-June, 1970, its purchasing power in mid-October, 1971, the latest date for which
I. BETTING AND GAMING DUTIES: TOTAL RECEIPTS Betting duties Gaming duties £ thousand Pool betting duty General betting duty Betting premises licence duty Total betting duties Gaming licence (premises) duty Gaming machine licence duty Bingo duty Total gaming duties Total betting and gaming duties 1967–68 32,896 30,237 — 63,132 1,907 2,861 — 4,768 67,900 1968–69 39,493 54,435 — 93,928 2,802 2,935 — 5,737 99,665 1969–70 46,207 58,989 3,380 108,577 1,394 7,705 1,351 10,450 119,027 1970–71 45,341 71,149 400 116,890 1,717 7,910 3,918 13,545 130,435 44W information is available, is estimated at 89½p. This comparison is based on the movement in the General Index of Retail Prices.
II GENERAL BETTING DUTY: BREAKDOWN OF RECEIPTS £ thousand Totalisators On-course bookmakers Off-course bookmakers Horse racing Dog racing Total 1967–68 … … … … 3,325 24,295 846 1,771 30,237 1968–69 … … … … 5,159 44,384 1,547 3,345 54,435 1969–70 … … … … 4,898 49,540 1,419 3,135 58,989 1970–71 … … … … 5,216 61,452 1,527 2,954 71,149