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Departmental Accountancy

Volume 471: debated on Friday 1 February 2008

To ask the Chancellor of the Exchequer what items of his Department’s (a) revenue and (b) expenditure are uprated using (i) the consumer prices index, (ii) the retail prices index and (iii) other measures of inflation. (179943)

The Treasury uses the retail prices index to uprate the payments in respect of the service element of the PFI contract on the 1 Horse Guards road building.