§ 28. Mr. Foulkesasked the Chancellor of the Exchequer what has been the revenue from petroleum revenue tax so far in the current financial year; and how this compares with the present level of public sector borrowing requirement.
§ Mr. LawsonFor the receipts from petroleum revenue tax I refer the hon. Member to the answer my hon. Friend the Minister of State gave to the hon. Member for Fife, Central (Mr. Hamilton) on 13 March.—[Vol. 980, c.665.] For the comparison with the public sector borrowing requirement, I ask the hon. Member to await the financial statement and Budget report which will contain provisional outturns for 1979–80 for both petroleum revenue tax and the public sector borrowing requirement.