§ Mr. GregoryTo ask the Chancellor of the Exchequer what reduction in the excise duties on beers, wines and spirits would be required to achieve reductions of 0.5 per cent., 0.75 per cent. and 1.0 per cent., respectively, in the retail price index.
§ Mr. RyderIt it estimated that the required, across the board, reductions in excise duties on beer, wines and spirits would be as follows:
1Per cent. 2Per cent. 0.5 22 0.75 34 1.0 45 1 Percentage fall in the retail price index 2 Percentage reduction in excise duty on beer, wines and spirits