HC Deb 14 December 1971 vol 828 cc43-4W
Mr. Skinner

asked 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. Higgins

Taking 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
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
information is available, is estimated at 89½p. This comparison is based on the movement in the General Index of Retail Prices.