Pound Sterling (Purchasing Power)

HC Deb 04 December 1951 vol 494 c209W

46. Mr. Osborne

asked the Chancellor of the Exchequer what is the internal purchasing power of the pound sterling to the nearest convenient date, as compared with 20s. in July, 1945.

Mr. R. A. Butler

Abount 14s. 3d. in October, 1951, as compared with an average of 20s. in 1945.