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Productivity

Volume 955: debated on Thursday 3 August 1978

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asked the Chancellor of the Exchequer if, pursuant to his reply, Official Report, 11th July columns 517–18, he will list the cumulative increase and the average annual rate of increase in national productivity, as measured on the same basis as his previous reply, for the following periods (a) 1970 second quarter to 1973 fourth quarter and (b) 1973 fourth quarter to 1977 fourth quarter.

Pursuant to the answer I gave on 11th July, the comparisons requested are given below:October 1951, between November 1951 and September 1964, between October 1964 and May 1970, between June 1970 and February 1974, and between March 1974 and the latest date for which figures are available.

I regret that in the time available it has not been possible to provide the information requested. I shall write to the hon. Member.

asked the Chancellor of the Exchequer if he will publish a table for each year since 1970 comparing movements in the retail price index with indices of income tax and national insurance payments, 1970=100, in each case for a single person, for a married couple, for a married couple with two children and for a married couple with four children earning 50 per cent., 100 per cent. and 200 per cent. of average earnings in each case and assuming in 1978 that they are contracted-in to the state pension scheme.

pursuant to the reply [Official Report, 1st August 1978], gave the following information:The figures are as follows:

Retail Prices Index

Single person

Married couple

Married couple with 2 children not over 11

Married couple with 4 children not over 11

TAX

NIC

TAX+NIC

TAX

NIC

TAX+NIC

TAX

NIC

TAX+NIC

TAX

NIC

TAX+NIC

(a)(b)(b)(b)(b)(b)(b)(b)(b)(b)(b)(b)(b)

50% of average Earnings

1970/71100100100100100100100100100100100
1971/72109116106113139106122106106106106
1972/731169611410298114106114114114114
1973/74127130125129169125146125136125125
1974/75146179140164221140177140140140140
1975/76178279144232392144263144304144176
1976/77212348178289489178327178359178178
1977/78249329195282358195273195320195195
1978/79268344254313375254312254510254427

100% of Average Earnings

1970/71100100100100100100100100100100100100100
1971/721091081011061101011081021011028810192
1972/7311611012511311312511610512511092125102
1973/74127131144134139144140138144140131144135
1974/75146169164168176164173169164168148164153
1975/76178241198232254198242269198250267198247
1976/77212290244281305244292316244297300244284
1977/78249296267290295267289320267306306267295
1978/79268323254328325254330382254373399254384

( a) April 1970 = 100

( b) 1970/71 = 100

Retail Prices Index

Single person

Married couple

Married couple with 2 children not over 11

Married couple with 4 children not over 11

TAX

NIC

TAX+NIC

TAX

NIC

TAX+NIC

TAX

NIC

TAX+NIC

TAX

NIC

TAX+NIC

(a)(b)(b)(b)(b)(b)(b)(b)(b)(b)(b)(b)(b)

200% of Average Earnings

1970/71100100100100100100100100100100100100100
1971/7210910612110710612110810312110599121102
1972/73116113150117115150118112150116109150113
1973/74127132172135134172138134172138132172136
1974/75146167205170169205173166205171160205165
1975/76178241223240243223241242223240239223237
1976/77212317322296294322297290322293279322284
1977/78249297356302291356298296356303288356296
1978/79268321460334318460332336460349339460352

These figures update previous Answers to the hon Member on 18 July 1977 (Cols 388–390) and 5 December 1977 (Cols 567–568). As in those Answers, the figures of prices and earnings are for April at the begininng of each financial year. Further details of the calculations are given in the Notes to those Replies.

The figures for families with children are affected by the replacement from 1977/78 of child tax allowances by non-taxable child benefit.