HC Deb 21 March 1977 vol 928 c454W
Mr. Skinner

asked the Secretary of State for Employment whether the payment of an extra £240 per week for a Trust Houses Forte director is in line with the current pay policy.

Mr. Harold Walker

I understand that part of the increase was implemented before the introduction of the pay policy and consequently was not fully reflected in company accounts until the year ended 31st October 1976; and that the remainder results from the effects of fluctuating exchange rates on overseas salary paid in foreign currency.