HC Deb 11 March 1965 vol 708 c150W
Mr. Delargy

asked the Chancellor of the Exchequer by how much the£sterling has depreciated in purchasing power since 1st January, 1955.

Mr. MacDermot

Taking the purchasing power of the£sterling as 20s. in January 1955, its value in January 1965 is estimated at approximately 15s. 4d.

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