§ Mr. Goldingasked the Chancellor of the Exchequer (1) what reductions in the cost of living will follow the reduction of selective employment tax for laundries;
(2) what reduction in the cost of living is estimated to follow the reduction of selective employment tax for banks.
§ Mr. HigginsIt is not possible to make a quantitative estimate of the effect the cut in S.E.T. paid by laundries and banks will have on the cost of living.