§ 58. Mr. Robson-Brownasked the Chancellor of the Exchequer what is the present value of the pound sterling as compared with May, 1945, and May, 1939.
§ Mr. GaitskellOn the basis of the price index for all consumers' goods and services given in the National Income White Paper brought up to date by using the interim index of retail prices since4W 1950, the purchasing power of the pound fell from 20s. in 1939 to about 13s. 5d. in 1945 and 10s. 2d. in April, 1951.