§ Mr. Adleyasked the Chancellor of the Exchequer what has been the percentage rise or fall in the rate of inflation for each of the last 12 months in the United Kingdom and in the other eight EEC countries.
§ Mr. Robert SheldonOn the basis of the annual inflation rates of each of the nine countries over the 12 months to December 1976 the information is as follows:
duce an equivalent reduction in the total amount of income the child may earn before the allowance is wholly extinguished. But where there is title to tax free child benefit, this will more than compensate for the reduction in the tax allowances, regardless of the child's income. In these circumstances I see no need to alter the £350 limit, which was increased last year from £115.