HC Deb 22 October 1984 vol 65 c487W
Mr. Pawsey

asked the Secretary of State for the Environment if he will estimate the cost of rating were industry to be rated at 50 per cent. instead of 100 per cent.

Mr. Waldegrave

If industry was rated at 50 per cent. instead of 100 per cent., it is estimated that the reduced cost of rates to industry in England would have amounted in 1984–85 to about £1 billion.