§ Mr. DrewTo ask the Secretary of State for Social Security what the value was of the £10 Christmas bonus304W in each year from its introduction in 1972, to the present day in relation to (a) the index of retail prices and (b) the index of average earnings. [119047]
§ Mr. RookerThe information is in the table.
Value of the Christmas bonus if it had been paid and uprated each year since 1972 in line with RPI and average earnings index at each uprating £.p. Year Rate payable if uprated in line with RPI Rate payable if uprated in line with average earnings October 1972 10.00 10.00 October 1973 11.00 11.25 July 1974 12.90 13.00 April 1975 14.60 15.10 November 1975 16.55 17.30 November 1976 19.05 19.45 November 1977 21.55 22.25 November 1978 23.30 24.80 November 1979 27.35 29.65 November 1980 31.55 35.15 November 1981 35.35 39.20 November 1982 37.60 42.50 November 1983 39.00 46.20 November 1984 41.00 48.50 November 1985 43.85 52.70 July 1986 44.35 55.05 April 1987 45.30 58.15 April 1988 47.20 62.70 April 1989 50.00 68.20 April 1990 53.80 74.80 April 1991 59.65 81.90 April 1992 62.10 88.10 April 1993 64.35 92.35 April 1994 65.50 94.65 April 1995 66.95 97.85 April 1996 69.55 100.60 April 1997 71.00 104.85 April 1998 73.55 109.15 April 1999 75.90 114.50 April 2000 76.75 119.65 Sources:
- 1. The Retail Prices Index (all items) has been used, as published by the Office for National Statistics.
- 2. Average Earnings Index Whole Economy (Non-Seasonally Adjusted) has been used, as published by the Office for National Statistics.
- 3. Figures have been rounded to the nearest five pence at each uprating date.