§ Mr. Hooleyasked the Chancellor of the Exchequer if he will list in the Official Report the gross yield of all taxes on gambling in each financial year in the period April 1974 to March 1978 and an estimate of 1978–79, all figures at constant 1977 prices.
§ Mr. Robert SheldonI assume that by gross yield my hon. Friend means net receipts without deduction of administration expenses. The information is:
£million 1974–75 … … … 382 1975–76 … … … 340 1976–77 … … … 317 1977–78 … … … 313 1978–79 (estimate) … … … 315 There is no special price index for betting and gaming,. and conversion to average 1977 prices has been made using the retail price index (all items).