§ 72. Sir R. Glynasked the First Secretary of State and Secretary of State for Economic Affairs what increases in income were attributed to wages, to salaries and to dividends in the 12 months after the wage and dividend freeze was inaugurated by the publication of Command Paper No. 7321 in February, 1948; and if he will give comparable figures for the 12 months from February, 1949.
§ Mr. William RodgersThe figures are given in the table below. They relate to the changes between the calendar years 1947 and 1949 since figures for years 25W commencing in February are not available. During this period total payments of wages and salaries were increased by the return to civil employment of people demobilised from the Forces; figures for Forces' pay have been given as some indication of the effect of this movement.
Change from 1947 to 1948 Change from 1948 to 1949 £ million % £ million % Wages +440 +12 +245 +6 Salaries +215 +12 +155 +8 Pay of the Forces -162 -41 -10 -4 Payments of Ordinary and preferred dividends* +18 +4 +10 +2 * Adjusted to exclude changes due to nationalisation.