§ 22. Mr. MacGregorasked the Chancellor of the Exchequer what has been the real increase in wages and salaries over the past 12 years and the real increase or decline in dividends during the same period.
§ Mr. Joel BarnettThe Royal Commission on the Distribution of Income and Wealth published information for the period 1963 to 1973 in its Report No. 2 of July 1975 (Tables 25 and 26). The figures below take account of the revised statistics published in National Income and Expenditure 1965–1975 and Government estimates of dividends going to persons, and bring the series up to 1975.
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PERSONAL INCOME FROM EMPLOYMENT AND ORDINARY DIVIDENDS 1963–1975 £ million … … … … 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 Income from Employment— at current prices … … … … 17,425 18,897 20,409 21,818 22,663 24,207 25,868 29,008 31,908 35,735 41,068 49,770 64,631 at 1963 prices … … … … 17,425 18,351 18,922 19,543 19,852 20,274 20,500 21,656 21,757 22,855 24,180 25,067 26,047 index (1963=100)* … … … … 100.0 105.3 108.6 112.2 113.9 116.4 117.6 124.3 124.9 131.2 138.5 183.9 189.5 United Kingdom Company Ordinary Dividends— at current prices … … … … 1,000 1,100 1,300 1,100 1,048 1,011 1,076 879 997 967 1,302 1,338 1,242 at 1963 prices … … … … 1,000 1,068 1,205 985 918 847 853 656 680 618 765 674 501 index (1963=100)† … … … … 100.0 106.8 120.5 98.5 91.8 84.7 85.3 65.6 68.0 61.8 76.5 67.4 50.1 * The index figures for employment income refer to aggregates and are not on a per capita basis. † The index figures for dividends refer to estimates of the aggregates of dividends going to persons.