§ 22. Mr. Evelyn Kingasked the Secretary of State for Employment what he estimates to be the current average rate of wage settlements; and how this compares with the rate a year ago.
§ Mr. R. CarrIt is not possible to give estimates of the precise average rate of settlements, but in recent months many settlements have been made at around 7 per cent.-8 per cent.; a year ago most settlements were in the 10 per cent.-15 per cent. range.