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Family Incomes

Volume 974: debated on Monday 26 November 1979

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asked the Chancellor of the Exchequer, consequent upon his statements, Official Report, 12 June, columns 261–2, that as a result of his Budget a married couple with a husband earning £100 a week would be £1·30 a week better off, a couple with a husband earning £60 a week would be 75p better off, and a couple with a husband earning £150 a week would be nearly £2 a week better off, if he will now state the net gain or loss for each of these couples taking into account the factors involved in his original calculation, together with all price rises that have taken place since then, and in addition, increase in mortgage rates to 15 per cent., assuming that those couples would each be buying an average two-bedroomed house.

[pursuant to his reply. 22 November 1979, c. 330–31]: I refer the right. hon. Member to my reply of 21 November.—[Vol. 974, c. 226–28.]