§ 15. Sir Fergus MontgomeryTo ask the Chancellor of the Exchequer what was the real take-home pay of a family on average earnings in 1978–79; and what he estimates it will be in 1997–98. [9530]
§ Mr. JackIn today's prices, real take-home pay for a family on average earnings was £220 a week in 1978–79 and should rise to £318 a week in 1997–98. That is an increase of nearly £100 a week, over £5,000 a year.
§ 16. Mr. Bill WalkerTo ask the Chancellor of the Exchequer how much better off he estimates a family on average earnings will be in April 1997 compared with May 1992. [9531]
§ Mr. JackIn 1997–98, a family on average earnings should be £1,100 better off than in 1991–92 after earnings growth, tax and inflation.