HC Deb 25 October 1962 vol 664 cc220-1W
Sir Richard Glyn

asked the Chancellor of the Exchequer if he will give the changes in percentages and in money terms of wages, salaries, dividends and company profits for the twelve months to the last convenient date.

Mr. Barber

It is estimated that wages and salaries paid in the second quarter of 1962 ware £191 million or just over 5 par cent. higher than in the corresponding quarter of 1961. Separate figures for wages and salaries are not available. Gross trading profits of companies are estimated to have fallen by £20 million or just over 2 per cent. during the same period. Comparable figures for payments of dividends are not available but summaries of the accounts of public companies compiled by theFinancial Times show that companies reporting in the second quarter of 1962 had increased their ordinary dividends by just over 3½ per cent. compared with the previous year.

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