§ Mr. BattleTo ask the Chancellor of the Exchequer what assessment he has made of the increase in VAT on fuel from April 1995 on the inflation rate.
§ Mr. Nelson[holding answer 24 November 1994]: An increase of 2.9 per cent. in the retail prices index component index for gas would have the effect of adding around 0.05 percentage points to the percentage change over 12 months in the all items retail prices index.