§ Mr. Tim SmithTo ask the Chancellor of the Exchequer if he will publish a table showing by what percentage the net take-home pay of a married man with two children on(a) half average earnings, (b) average earnings and (c) one and a half times average earnings has changed 9W (i) between 1974 and 1979, (ii) between 1979 and 1992, (iii) annually between 1974 and 1979 and (iv) annually between 1979 and 1992, giving (1) the average figure for each year between 1974 and 1979 and (2) the average figure for each year between 1979 and 1992.
§ Mr. Maude[holding answer 10 February 1992]: The figures requested are shown in the table.
Growth in real take home pay at multiples of average earnings, 1973–74 to 1991–92 Married couple with two children Financial year Multiples of average earnings 0.5 per cent. 1.50 per cent. 1.5 per cent. 1973–74 to 1974–75 1.4 0.1 0.50 1974–75 to 1975–76 -3.7 -3.9 -3.5 1975–76 to 1976–77 -1.2 -1.6 -2.9 1976–77 to 1977–78 0.1 -1.0 -1.7 1977–78 to 1978–79 7.9 7.6 7.5 1973–74 to 1978–79 Total growth 4.3 0.7 -1.1 Average annual growth rate 0.8 0.1 -0.2 1978–79 to 1979–80 2.8 4.1 5.1 1979–80 to 1980–81 -0.3 1.0 1.6 1980–81 to 1981–82 -3.0 -2.6 -3.0 1981–82 to 1982–83 1.2 0.4 -0.1 1982–83 to 1983–84 5.0 4.4 4.3 1983–84 to 1984–85 3.9 3.5 3.5 1984–85 to 1985–86 1.3 1.3 1.5 1985–86 to 1986–87 3.6 4.5 5.0 1986–87 to 1987–88 4.0 5.8 7.1 1987–88 to 1988–89 2.8 4.4 5.6 1988–89 to 1989–90 1.1 1.2 1.4 1989–90 to 1990–91 -0.3 -0.2 -0.1 1990–91 to 1991–92 3.1 3.0 2.6 1978–79 to 1991–92 Total growth 27.9 35.0 40.1 Average annual growth rate 1.9 2.3 2.6