§ Mr. MeacherTo ask the Chancellor of the Exchequer what was the gross net income of a married man with two children under 11 years of age, earning a national average wage and paying non-contracted-out national insurance contributions, in each year since 1966; what was the annual percentage increase in the retail prices index; what was his net real income at 1995 prices; and what was the percentage increase in his net real income compared to(a) 12 months previously and (b) to the level in 1966. [9318]
§ Mrs. Angela KnightThe available information is contained in the table.
861W
Real take-home pay Net income1 2£ per week RPI3 Real take-home pay2 4£per week 1973–74 34.90 24.45 215.71 1978–79 73.45 51.10 217.18 1979–80 88.60 59.20 226.13 1980–81 104.02 68.80 228.46 1981–82 113.06 76.80 222.44 1982–83 121.46 82.20 223.26 1983–84 132.61 86.00 233.00 1984–85 144.31 90.40 241.21 1985–86 154.81 95.70 244.44 1986–87 167.14 98.80 255.52 1987–88 183.71 102.70 270.29 1988–89 203.34 108.90 282.14 1989–90 221.73 117.40 285.43 1990–91 242.53 128.70 284.74 1991–92 260.83 134.90 292.14 1992–93 277.47 139.10 301.40
Real take-home pay Net income1 2£ per week RPI3 Real take-home pay2 4£per week 1993–94 286.26 141.50 305.68 1994–95 288.99 145.40 300.32 1995–96 296.78 151.10 296.78 1996–97 312.24 154.50 305.37 1 Net income is earnings income less income tax and national insurance contributions plus child benefit. 2 For a one-earner couple on average male earnings, paying non-contracted-out national insurance contributions, with two children under eleven years of age. 3January 1987 = 100. 4In 1995–96 prices.