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Finance Bill

My hon. Friend is ploughing a steadfast course through the middle of the Economic Secretary’s argument, and he is right to press the Economic Secretary. I have struggled through the Red Book in an attempt to find an estimate of the current cost of relief to the Treasury, but I could not find anything. The Economic Secretary has told us that he anticipates that the amount was negligible in the past, which suggests that the Treasury had no idea not only what the relief would amount to, but that it was allowing it in the first place—he has just told us that it was unintentional relief. My hon. Friend is doing a noble thing in getting to the bottom of the matter.