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Average Mark-Ups

Volume 982: debated on Thursday 3 April 1980

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asked the Chancellor of the Exchequer whether the Inland Revenue and Customs and Excise Departments have compiled and issued to inspectors tables showing traders' average retail mark-ups; whether he will publish the tables concerned in the Official Report and if he will make a further statement.

[pursuant to his reply, Tuesday 1 April 1980]: Customs and Excise has complied and issued to its staff a list of average mark-ups covering a variety of different commodities in the retail sector. It would be misleading to publish the list as it has no validity in any particular case.So far as the Inland Revenue is concerned, I refer the hon. Member to my replies to the hon. Member for Brigg and Scunthorpe (Mr. Brown) on 19 and 26 November 1979.