§ Mr. Arthur Lewis
asked the Chancellor of the Exchequer whether he will give the estimated depreciation of the purchasing value of Members of Parliament's 294W salaries since the date of the last adjustment up until the latest stated date, taking into account the expenses incurred in carrying out their duties, such as secretarial salaries, travel, living away from home and other necessary expenses.
§ Mr. Nott
It is estimated that the purchasing power of a Member of Parliament's basic salary, and of allowances at their limits, has fallen by 14.2 per cent. between January 1972 and October 1973, the latest date available. This estimate is made on the basis of the change in the General Index of Retail Prices.