§ Mr. de Freitasasked the Chancellor of the Exchequer whether he is aware that, taking the internal purchasing value of the £ sterling as 20s. in October, 1951, it had declined to 18s. 3d. in May, 1954, and to 16s. 1d. in May, 1957; and what was the comparable figure for May, 1960.
§ Mr. BarberYes, on the basis of the index of retail prices. The comparable figure for May, 1960, is 15s. 3d.