HC Deb 24 November 1972 vol 846 c516W
Mr. Norman Lamont

asked the Chancellor of the Exchequer what is his estimate of the proportion of total costs that is represented by wages in both the economy as a whole and in manufacturing industry.

Mr. Nott

In 1971, total wages and salaries represented 61¾ per cent. of gross national product at factor cast, and 69 per cent. of manufacturing industry's contribution to the gross domestic product.