HC Deb 11 February 1981 vol 998 c331W
Mr. Arthur Lewis

asked the Chancellor of the Exchequer what is his estimate of the percentage rise in the cost of living and retail price index which would result if local rates increased by 20 per cent., 25 per cent., 30 per cent., and 50 per cent. in the next financial year.

Mr. Brittan

It is estimated that if local authority rates were increased as indicated in April 1981, the resulting increases in the retail price index would be as follows:

Increase in rate Increase in RPI
per cent per cent.
20 ⅔
25 5/6
30 1
50 1⅔