HC Deb 08 May 1978 vol 949 c358W
Mr. Freud

asked the Chancellor of the Exchequer what is his estimate of the rise in the retail price index occasioned by each public holiday on which employees have a statutory right to be paid.

Mr. Joel Barnett

Any change in the retail price index resulting from additional paid holidays would depend upon a variety of factors, which would vary from firm to firm. There is no ready-made formula for estimating the overall effect.