§ 56. Mr. Summers
asked the Chancellor of the Exchequer if he will give an estimate of how much additional income a man having £4 a week in June, 1948, would require now to compensate him for the rise in the cost of living and the devaluation of the pound since then.
§ Sir S. Cripps
On the basis of the index of retail prices, which includes the effects of devaluation, about 2s. 2d. a week.