§ Mr. Martenasked the Chancellor of the Exchequer if he will set out the basic salary for Members of Parliament for each year since 1964 alongside the comparable percentage increase of average wages and average earnings, respectively, and the cost of living increases for each year; and what the salary would have been if it had kept pace with each of these.
§ Mr. Denzil DaviesThe basic salary of an MP was increased from £1,750 to £3,250 with effect from 16th October 1964, giving an average for that year of £2,066. Subsequent values and dates from which changes took effect are shown in the table below which also shows, for the years 1965 to 1976, annual percentage increases in average wages, average earnings and in the General Index of Retail Prices, together with result of applying each of those increases from year to year to the MPs' average basic salary in 1964 of £2,066.