Allowance for impact of inflation3

1

Average Weekly Earnings is prescribed as the published information for use instead of the retail prices index for the purposes of paragraph 9(2) of schedule B1 of the Damages Act 1996.

2

In paragraph (1), “Average Weekly Earnings” means the measure of short-term average earnings used to measure changes in earnings over time—

a

published periodically by the Statistics Board2 under the title “Average weekly earnings in Great Britain”3,

b

based on that body’s Monthly Wages and Salaries Survey4, and

c

which relates to the whole of the economy of Great Britain.