HC Deb 02 May 1950 vol 474 c172W
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.

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