§ 24. Mr. David NicholsonTo ask the Chancellor of the Exchequer what estimate he has made of the likely change in living standards in the next year. [12660]
§ Mr. JackA family on average earnings will be about £450 better off next year after tax and inflation, if prices and earnings rise in line with the assumptions published in the "Financial Statement and Budget Report". This will take the total increase in real take home pay since 1978–79 for this family to over £4,500.