§ Mr. Scott-Hopkinsasked the Chancellor of the Exchequer what gross earnings at 5th April 1978 were necessary for an individual to have the equivalent in real terms of £8,000 per annum net of income tax at 5th April 1973; and what gross earnings were necessary to achieve £8,000 per annum net of tax at 5th April 1973.
§ Mr. Robert SheldonThe figures for a single person are as follows:
Gross Net of Tax £ £ 5th April 1973 15,995 8,000 5th April 1978 60,877 16,973 The prices index used is the General Index of Retail Prices—all items, for March 1973 and March 1978.