§ The Economic Secretary to the Treasury (Sir Edward Boyle)
As regards the first part of the Question, I would refer the hon. Member to the reply given by my right hon. Friend the Chancellor of the Exchequer to the hon. Member for Accrington (Mr. H. Hynd) on 26th July. The corresponding figure for January, 1955, was 18s. 6d.
§ Sir E. Boyle
I also realise that whereas the purchasing power of the £ has fallen by 2s. under the present Government, it fell by 4. 7d. in the last three years of the Government formed by hon. and right hon. Members opposite.