§ Brigadier Clarkeasked the Chancellor of the Exchequer the fall in the value of the £ sterling, from one year to another, since 1935, taking the index of 100 for the year 1935.
§ Mr. BarberThe purchasing power of the £ is given in the following table:
Year Purchasing power of £ Year Purchasing power of £ 1935 … 100 1948 … 47 1936 … 97 1949 … 46 1937 … 93 1950 … 45 1938 … 92 1951 … 41 1939 … 89 1952 … 39 1940 … 73 1953 … 38 1941 … 66 1954 … 37 1942 … 61 1955 … 36 1943 … 59 1956 … 35 1944 … 57 1957 … 34 1945 … 56 1958 … 33 1946 … 54 1959 … 33 1947 … 51 The figures are based on the cost of living index from 1935 to 1938 and the consumer price index since then.