§ 29. Mr. G. Jeger
asked the Chancellor of the Exchequer the present day encashment value, including accrued interest, of a Savings certificate bought for 15s. in October, 1951; and what is its value in purchasing power compared with its value at the time of purchase.
§ Mr. R. A. Butler
16s. Id. and 14s. 9d., respectively. The second figure is based on the price index of all consumer goods and services between 1951 and 1953, and the Interim Index of Retail Prices thereafter.