HC Deb 25 June 1976 vol 913 c475W
Mr. Knox

asked the Chancellor of the Exchequer what increase in the duty on (a) petrol and (b) derv would be required for the yield of this duty in real terms to be returned to the level it was at in February 1974.

Mr. Robert Sheldon

To return to duty on a gallon of petrol and derv to its real value in February 1974 it would have to be increased by about 4½p a gallon.

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