Pound Sterling (Value)

HC Deb 17 October 1950 vol 478 c233W

57. Mr. Osborne

asked the Chancellor of the Exchequer what is the value of the pound sterling to the nearest date, as compared with July, 1945.

Mr. Jay

The purchasing power of the pound in August, 1950, was about 16s. 2d. as compared with 20s. in 1945.