§ Mr. Arthur Lewis
asked the Chancellor of the Exchequer to what extent he estimates the full implementation of the Boyle report on top salaries will affect inflation if the same amounts of increases 298W are universally applied among all of the staffs and workers engaged in the industries and services covered by these chairmen and top paid persons.
§ Mr. Joel Barnett
Because of the very small number of people involved the full implementation of the increases recommended in the tenth report of the Top Salaries Review Body would have an insignificant effect on inflation. The recommendations are tailored to the very special circumstances of the groups concerned and there can be no question of the recommended increases being applied to any other group. But if they were applied to those others in the industries and services concerned in place of the increases they have received since 1972, the result would be a substantial cut in pay.