HC Deb 18 January 2000 vol 342 c391W
Mr. Hoyle

To ask the Chancellor of the Exchequer if he will estimate the cost to the Exchequer of the smuggling of petrol and diesel into the UK in each of the last three years. [105359]

Mr. Timms

HM Customs and Excise does not have sufficient reliable information on which to base published estimates of the revenue lost through road fuel smuggling into the UK.

Cumulative savings in debt interest
£ billion
Percentage point change in interest rates 1999–2000 2000–01 2001–02 2002–03 2003–04 2004–05
-0.5 -0.3 -0.6 -1.0 -1.4 -1.8 -2.3
-0.75 -0.5 -1.0 -1.5 -2.1 -2.7 -3.4
-1.0 -0.6 -1.3 -2.0 -2.8 -3.6 -4.5
-2.0 -1.3 -2.6 -4.0 -5.5 -7.1 -8.9
-3.0 -1.9 -3.8 -5.9 -8.1 -10.5 -13.2

Note:

Figures shown are cumulative from the current year to date, i.e. the figures for 2004–05 represent the savings in debt interest over the whole five year period.

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