HC Deb 12 December 1980 vol 995 c512W
Mr. Alfred Morris

asked the Secretary of State for Social Services what level of Christmas bonus would be necessary today to preserve the purchasing power of a £10 bonus in 1973; and what level of bonus would similarly have been necessary in December 1978.

Mr. Prentice

Based on the movement of the general index of retail prices up to October 1980, the latest date for which a figure is available, the present real value of the £10 bonus in 1973 is £27.71. The corresponding figure for December 1978 was £20.81.