HC Deb 10 July 1975 vol 895 cc248-9W
Mr. Mike Thomas

asked the Secretary of State for Employment what an employee earning £4,500 per annum on 1st January 1972 could expect to be earning at the present date assuming his earnings had moved into line with (a) the cost of living and (b) the increase in average earnings over that period.

Mr. Booth

The latest available general index of retail prices in the United Kingdom, for May 1975, shows an increase of 62.2 per cent. since January 1972 and the latest available index of average earnings of all employees in all industries and services covered, in Great Britain and seasonally adjusted, for April 1975, shows an increase since January 1972 of 72.7 per cent. Applying these increases to an earnings figure of £4,500 per annum gives figures of £7,299 and £7,772 respectively.