§ Mr. Tim Smithasked the Chancellor of the Exchequer by how much would the figure of £3,000 referred to in the Finance (No. 2) Act, 1975, Section 32, have to be increased if it were revalued in line with the retail price index.
§ Mr. Robert SheldonBy £1,400. This answer is based on the movement in the General Index of Retail Prices between April 1975 and January 1978, the latest date for which information is available.