HC Deb 29 January 1957 vol 563 cc151-2W
Mr. Lewis

asked the Chancellor of the Exchequer on what date the salaries of Members of Parliament were last adjusted; and, taking the £ sterling as having a purchasing value of 20s. at that date, what is the latest purchasing value of this salary.

Mr. Powell

The present salary of a Member of Parliament dates from 1st April, 1946. The purchasing power of £1,000 today is approximately the same as that of £626 in 1946.