HC Deb 09 March 1965 vol 708 c41W
51. Mr. Braine

asked the Chancellor of the Exchequer if he will state the present purchasing power of the £ sterling, taking it as 20s. in October, 1964.

Mr. MacDermot

On the basis of the change in the index of retail prices, the purchasing power of the pound sterling, taken as 20s. in October, 1964, was about 19s. 8d. in January, 1965, the latest date available.