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Personal Incomes

Volume 955: debated on Thursday 3 August 1978

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asked the Chancellor of the Exchequer what was the gross pay, the take-home pay and net income for a married man with two children earning (a) average industrial earnings, (b) 50 per cent. more than average, (c) double average and (d) three times average in 1973–74 and in 1977–78; and what the figures of gross pay would have had to be in 1977–78 in order to provide the

Percentage changeAverage annual percentage increase
1970 2nd qtr-1973 4th qtr (1)9·92·7
1973 4th qtr-1977 4th qtr (1) (2)0·70·2
(1) Percentages are calculated from seasonally adjusted data.(2) ProvisionalOutput is measured by the output-based measure of gross domestic product at constant factor cost. Persons employed include employees in employment, self-employed persons—with or without employees—and Her Majesty's Forces. Full-time and part-time workers are counted as full units.