§ 81. Mr. Robert Cookeasked the Chancellor of the Exchequer what is his estimate of the total saving to the Exchequer resulting from a 5 per cent. cut in all salaries paid from Government funds.
§ Mr. Harold LeverA 5 per cent. cut in the level of wages and salaries paid to public service employees (including members of the Armed Forces but excluding employees of local authorities) would have yielded a saving of approximately £100 million in 1967–68. based on the estimated provision for that year.