§ Mr. David ShawTo ask the Chancellor of the Exchequer what is the effective annual rate of tax on output prices of a utilities windfall tax which is fully passed on to consumers and which raises (i) £3 billion, (2) £5 billion and (3) £10 billion annually from privatised utilities in(a) the water sector, (b) the electricity sector, (c) the gas sector, (d) the telecommunications sector, (e) a, b and c and (f) b and c. [3223]
§ Mr. JackInformation on the effect of a utilities windfall tax on output prices is not available and cannot readily be estimated because of the wide range of assumptions that would be involved.