Skip to main content

Nationalised Industries

Volume 24: debated on Tuesday 25 May 1982

The text on this page has been created from Hansard archive content, it may contain typographical errors.

Lewis asked the Chancellor of the Exchequer if, taking into account the practice of increasing the salaries of the chairman and board members of nationalised industries and certain publicly owned bodies such as British Leyland and Rolls-Royce, in line with those agreed for top civil servants and judges, he wall estimate the total increase in public expenditure and its effect on inflation as measured by the retail price index.

As my right hon. Friend the Prime Minister told the House on 7 July 1980, nationalised industry board members have been removed from the TSRB's remit. Their salaries are thus no longer determined in the same way as those of senior civil servants or judges. The Government have not yet taken decisions about pay increases for them this year.The cost of the increases for the judiciary, senior civil servants and senior officers of the Armed Forces announced by the Prime Minister on 12 May will be contained within existing cash limits except in the case of those judges whose salaries are paid directly from the consolidated fund. The effect on public expenditure will therefore be minimal.

NameAddressYear of birthBusiness occupation and other director-ships
E. W. Argent, FCA, FCBSINew House, Whiston, Northampton1923Building Society Director
Building Societies Training College Ltd.
Fanhams Hall Services (Ware) Ltd.
J. B. Corrin, FCATynwald, Sandy Lane, Church Brampton, Northampton1922Chartered Accountant
F. CravenMisterton Hall, Lutterworth, Leicestershire1910Building Consultant Craven Builders Ltd.
Belvoir Property Company Ltd.
Advance Property Company Ltd.
G. D. Dean, MA, FCAMarch House, Littleworth Avenue, Esher, Surrey1937Chartered Accountant Electra Risk Capital PLC
R. Duncombe, VRDWestways, Barton Road, Market Bosworth, Nuneaton, Warwickshire1925Company Director Ferry Pickering Group PLC
A. Pickering, JP14D Lillington Avenue, Leamington Spa, Warwickshire1917Building Society Director Sparkenhoe Properties Ltd.
I. Pickering, AFC, AE, FGS, FSAThe Outwoods, Hinckley, Leicestershire1915Master Printer H. Cave & Company Ltd.
J. A. Porter, MA, FRICS, JPLeaders, Hodsoll Street, Above Wrotham, Kent1916Chartered Surveyor Gravesend & District Real Estate Co. Ltd.
Gravesend & Dartford Reporter Ltd.
Westwood Educational Trust Ltd.
B. SykesNeedles Reach, Marine Drive East, New Milton, Hampshire1920Company Director (Retired)
P. W. Wilkinson, MC, FCA, ACBSIThe Malt House, East Haddon, Northampton1922Building Society Executive W. Wilkinson Ltd.
No change in the membership for the board has been notified to the registry following the annual general meeting on 20 April 1982.

asked the Chancellor of the Exchequer whether he has completed his investigations into the special corporate advance by Anglia building society to Thornton Baker Nominees; and whether he will make a statement.

Inquiries have been made by the Chief Registrar of Friendly Societies and I have written to the hon. Member in reply to his letter on this matter.