§ Mr. Grylls
asked the Secretary of State for Trade what was the net salary, assuming the post to be held by a married man with no dependent children, in real terms, of (a) the chairman, (b) the deputy chairman and (c) other board members of British Airways in 1972 and 1978, taking 1972 as the base year; and how many places on the board are currently unfilled.
§ Mr. Clinton Davis
The net salary after tax in 1972, and in real terms in 1978, using 1972 as a base, was the following for the chairman—equivalent full-time rate—deputy chairman, and a board member—using the average salary of other full-time board members:
1972 1978 £ £ Chairman … 9,460 5,027 Deputy Chairman … 9,376 4,793 Board Member … 7,481 4,190
The chairman was working less than full-time for a proportionate salary in both years. There are no vacancies on the board.