HC Deb 26 June 1980 vol 987 c314W
Mr. Marlow

asked the Chancellor of the Exchequer, in considering his options for taxation policy, what account he takes of the inclusion of alcoholic beverages and tobacco products in the retail price index.

Sir Geoffrey Howe

I take many factors into account, including the retail price effects.

Mr. Marlow

asked the Chancellor of the Exchequer what would be the effect on the retail price index of an increase of 5 per cent. on the price of derv, setting out the effect on the retail price index after one month, two months, three months, six months, one year and two years, respectively.

Mr. Biffen

I shall let my hon. Friend have a reply as soon as possible.