§ Mr. Ian Stewartasked the Secretary of State for Employment which specific part of the Government's voluntary pay policy would be breached by implementation of the agreement between the management of the Trustee Savings Banks and the National Union of Bank Employees, concerning pay increments for additional responsibilities for staff controlling the proposed personal lending service authorised by the Trustee Savings Bank Act 1976.
§ Mr. Harold WalkerThe pay guidelines permit increases to be negotiated within an individual weekly limit of £2.50 or 5 per cent. of total earnings, whichever is the greater, subject to a maximum of £4. There is no provision for new pay restructuring schemes or for the introduction of incremental scales as proposed in this agreement.