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Wages, Prices And Dividends

Volume 531: debated on Thursday 28 October 1954

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asked the Chancellor of the Exchequer if he will state, taking 1938 and 1950, respectively, as the base years, the annual indices for wages, prices and gross dividends to the latest convenient date.

The latest annual indices available relate to 1953. The following are the figures:

1938 as 1001950 as 100
Total wage bill301126
Consumer prices227117
Total dividends and interest paid by companies and public corporations*143130
* Comparable figures on which to base an index for dividends are not available because of changes in the company sector due to nationalisation.