§ 50. Dame Irene Wardasked the Chancellor of the Exchequer if he will list the value of the travel allowance in October, 1951, in October, 1964, and at the present time, expressing each figure at constant prices.
§ Mr. Harold LeverNil for the dollar area and £100 elsewhere in October, 1951; unlimited in October, 1964; and £50 now. The value of the allowance is of course dependent on varying movements in local price-levels and on the current exchange rate with the particular foreign currency purchased.