HC Deb 24 October 1950 vol 478 c320W
56. Mr. Osborne

asked the Chancellor of the Exchequer what is today's nominal value, including accrued interest, of a National Savings Certificate, purchased in August, 1945, for 15s.; and what is its real purchasing power allowing for the subsequent drop in the internal purchasing power of the pound.

Mr. Gaitskell

A Savings Certificate bought for 15s. in August. 1945, is now worth 17s. 7d., and would now have a purchasing power in terms of 1945 prices of about 14s. 2d.