Pay Policy

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 27 June 1991.

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Photo of Mr George Foulkes Mr George Foulkes , Carrick, Cumnock and Doon Valley 12:00, 27 June 1991

Is the Minister aware that the Governor's 17 per cent. wage increase on an already large salary has been overtaken by the rise for the boss of British Telecom, who received 43 per cent., for the boss of National Power, who received 58 per cent. and for the boss of British Gas, who received 66 per cent. in what has become a fat cat greed race? In yet another pathetic answer on Tuesday, the Prime Minister said that he deplored it, but he was not going to do anything about it. Why not?