HC Deb 03 December 1976 vol 921 c300W
Mr. Cartwright

asked the Secretary of State for Employment why his Department has ruled that the new salary structure negotiated for Trustee Savings Bank managers and assistant managers as a result of the passing of the Trustee Savings Bank Act 1976 is outside the terms of the social contract.

Mr. Harold Walker

There is no provision within the terms of the voluntary incomes policy for increases in pay which result from the implementation of newly negotiated restructuring schemes, including the introduction of incremental scales, to be paid outside the pay limit.