§ Mr. Peter BottomleyTo ask the Chancellor of the Exchequer if he will estimate the short-term cost of reducing tax on city diesel by 2p a litre. [3730]
§ Mr. Heathcoat-AmoryThe estimates of the revenue effects of a 2p tax reduction for city diesel will be extremely sensitive to assumptions about current market shares, other low-sulphur products, and how quickly supplies of city diesel could respond to increased demand.