§ 28. Mrs. Joyce Butlerasked the Chancellor of the Exchequer if he will consider a lower rate of road fund tax for electric vehicles, in view of the limited mileage covered and the absence of pollution.
§ Mr. Robert SheldonElectric Vehicles are already subject to lower rates of
226WOctober 1969 and May 1975, the latest date available.
§ 37. Mr. Adleyasked the Chancellor of the Exchequer what is the value of £1 sterling at the latest date, compared with its value on 28th February 1974.
§ Mr. Robert SheldonTaking the internal purchasing power of the pound as 100p in February 1974, its value in May 1975, the latest date available, is estimated to be 75½p. This estimate is based on the change in the General Index of Retail Prices.
§ Mr. Hordernasked the Chancellor of the Exchequer if, taking July 1965 as 100, he will publish a table for each year to the latest convenient date, showing the value of the pound in terms of the currencies of the United States of America, Japan, West Germany, France, Belgium, the Netherlands and Italy.
§ Mr. DellThe following are the figures:
vehicle excise duty. I have no plans to alter the existing relationship.