§ 50. Mr. Maplesasked the Chancellor of the Exchequer what representations he has received with regard to the continued existence of the national insurance surcharge.
§ Mr. MooreI have received a number of representations suggesting the early reduction or abolition of the National Insurance surcharge. My hon. Friend will be aware that the past reduction in the rate from 3½ per cent. to 1 per cent. is already worth some £2 billion a year to the private sector.