§ Mr. P. Noel-Baker
asked the Secretary to the Treasury what sum of money in 1919, 1924, 1929, 1939, 1949 and 1954, respectively, had the purchasing power equivalent to £1 sterling in 1958.
§ Mr. Maudling
9s. 9d., 7s. 11d., 7s. 6d., 7s. 4d., 14s., 2d., and 17s. 5d. These estimates are based on the Cost of Living Index between 1919 and 1938, the Consumer Price Index between 1938 and 1956 and the Index of Retail Prices since 1956.