§ 53. Mr. Grimond
asked the Chancellor of the Exchequer if he will state the rise in real average weekly wages, weekly earnings, and directors' remuneration since 1946.
I shall give the information with respect to changes since 1947 instead of since 1946 since the statistics are more accurate for the later period. Average weekly money wage rates rose by 76 per cent. between June, 1947 and May, 1958, while the Index of Retail Prices rose over the same period by 68 per cent. Average weekly earnings rose by 96 per cent. between October, 1947 and October, 1957, compared with a rise of 63 per cent. in the Index of Retail Prices. I regret that no information in the aggregate is available about the remuneration of directors.