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Mp's Salary (Purchasing Power)

Volume 497: debated on Monday 3 March 1952

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asked the Chancellor of the Exchequer the decrease in the purchasing power of a Member of Parliament's salary since the date on which it was raised to £1,000 per annum to the latest convenient date.

Measured over the whole field of consumers' goods and services the purchasing power of a salary valued at £1,000 in 1946 is now about £712.