HC Deb 29 November 1973 vol 865 cc183-4W
23. Mr. Kaufman

asked the Chancellor of the Exchequer what, on the basis of the General Index of Retail Prices, is the purchasing power of the £ sterling now, taking it as 100p on 18th June 1970.

36. Mr. Robert Hughes

asked the Chancellor of the Exchequer what, on the basis of the General Index of Retail Prices, is the purchasing power of the £ sterling, taking it as 100p on 18th June 1970.

44. Mr. Skinner

asked the Chancellor of the Exchequer what, on the basis of the General Index of Retail Prices, is the purchasing power of the £ sterling now, taking it as 100p on 18th June 1970.

49. Mr. Carter

asked the Chancellor of the Exchequer what is the value of the £ sterling now compared to June 1970, based on the General Index of Retail Prices.

Mr. Higgins

Taking the internal purchasing power of the £ sterling as 100p in June 1970, its value in October 1973 is estimated to be 75½p on the basis of the change in the General Index of Retail Prices.

43. Mr. Greville Janner

asked the Chancellor of the Exchequer by how much the value of the £ sterling fell during the last 12 months.

Mr. Higgins

On the assumption that the hon. Member is referring to the internal purchasing power of the £ sterling then on the basis of the General Index of Retail Prices this has fallen by 9 per cent. between October 1972 and October 1973.