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Finance Bill

Thank you, Sir Michael. [Interruption.] The hon. Member for Argyll and Bute (Mr. Reid) indeed chose a rubbish starting point. I recognise that, as the Minister said, the price cannot be fully stabilised. The argument is that it is simply smoothed out. The Government's other argument was that it would be difficult to determine whether a change was a spike or a structural change in the price. The whole point about setting regular dates when the measure would be revisited—and about allowing for that flexibility—is to ensure that we identify whether there is a real spike, an upward trend or a systemic or structural change to the price. We need to do something about the issue and take action. I have heard the criticisms and arguments from the Exchequer Secretary and her hon. Friends, because she, too, has been persistent for many years. However, in the absence of a Government alternative or, even, any recognition of the real difficulties for families, businesses and hauliers, I beg leave to press my amendment to a Division. Question put, That the amendment be made. The Committee divided: Ayes 15, Noes 310.