HC Deb 14 December 1967 vol 756 c205W
Mr. Elystan Morgan

asked the Secretary of State for Economic Affairs if he will consider introducing legislation making it compulsory, save in exceptional circumstances, for any wage or salary increase which exceeds a prescribed norm to be paid by the employer into a fund managed by Her Majesty's Government to be retained therein until 1st June. 1969, and then to be paid out with 5 per cent. interest to the wage or salary earner concerned.

Mr. Shore:

In the period ahead, no one can be entitled to a minimum increase in incomes, but I have noted my hon. Friend's suggestion.

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