§ 96. Mr. Arthur Lewisasked the Secretary of State for Employment and Productivity how many salary settlements of executives and company directors in the higher income groups have been deferred when they have not clearly satisfied the incomes policy criteria.
§ Mr. Harold WalkerAs I told my hon. Friend on 25th November, no standstills in association with reference to the254W N.B.P.I. have been imposed in respect of such settlements.—[Vol. 774, c. 7–8.]
§ Mr. Arthur Lewisasked the Secretary of State for Employment and Productivity why, in view of the Government's policy on industrial pay increases, she will not freeze the salaries of all company directors and executives and take steps to reduce to 3½ per cent. all increases paid in the last 12 months, pending the report of the National Board for Prices and Incomes.
§ Mr. Harold WalkerBecause this is not the Government's policy.