Asked by: Michelle Welsh (Labour - Sherwood Forest)
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, whether her Department has considered the potential merits of using income from tax obtained by the sale of (a) tobacco, (b) alcohol and (c) gambling on prevention education.
Answered by James Murray - Exchequer Secretary (HM Treasury)
The allocations of all revenues received by the Government are decided in the round alongside broader fiscal and economic objectives. Widespread hypothecation of tax revenues can undermine the Government’s ability to flexibly manage the public finances.