Clause 1
Finance (No.2) Bill
10:45 am
Brooks Newmark (Braintree, Conservative)
My hon. Friend makes a good point about the influence of duty increases on smuggling, but I should be most interested to hear the Minister’s response to the point made earlier about the analysis of elasticity. What is the Government’s analysis of the effect on reducing smoking of each 1p increase in duty? It would be extremely interesting to hear that.