Clause 12
Finance Bill
2:45 pm
Greg Hands (Shadow Minister, Treasury; Hammersmith and Fulham, Conservative)
I thank my hon. Friend for that intervention. With the huge variety of brands out there—some of them new, others counterfeit or fake—I expect that it might be difficult to make that generalisation. However, I think that that is an important point. Another relevant point is the example of revenue—certainly, lower priced cigarettes generate less revenue for the Treasury.