§ Mr. Crawfordasked the Chancellor of the Exchequer what would be the annual loss to the Exchequer if the duty on whisky were reduced to levels prevailing on 10th October 1974.
§ Mr. Robert SheldonIt is estimated that the loss of revenue from reducing the duty on all spirits would be about £120 million in a full year. Scotch whisky would be expected to account for rather more than half of the reduction in revenue.