§ Mr. David EvansTo ask the Secretary of State for the Environment what will be the distributable amount of non-domestic rates for 1993–94 and if he will explain the basis of his calculations.
§ Mr. Redwood[pursuant to his reply, 26 November 1992,c. 836]: My right hon. and learned Friend announced on 12 November that the non-domestic rate multiplier for 1993–94 will rise by 3.5 per cent. from its 1992–93 level to 0.416. The distributable amount of non-domestic rates based on this poundage will be £11,559 million. This includes an Exchequer payment of £922 million into the 578W freeze proved acceptable to all member states. We will continue to press for a reduction in the forthcoming discussions on a new EC regulation.