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Mr. Joel Barnett
asked the Chancellor of the Exchequer if he will provide his current estimate of the effect on the retail price index of increasing the yield by £500 million from (a) duties on tobacco, (b) beer and alcoholic beverages and (c) petrol and derv, respectively.
Sir Geoffrey Howe
I will let the right hon. Member have a reply as soon as possible.
Mr. Marlow
asked the Chancellor of the Exchequer what would be the effect on the retail price index and the product price of raising £500 million in extra taxation through each one of the following: beer, cigarettes, wine and spirits.
Mr. Peter Rees
I will let my hon. Friend have a reply as soon as possible.