HC Deb 16 July 1953 vol 517 cc187-8W
77. Dr. King

asked the Chancellor of the Exchequer the purchasing power of the £ on the latest available date as compared with 1st November, 1951.

Mr. Maudling

Taking the figure for November, 1951, as 20s., and using the Ministry of Labour's Interim Index of Retail Prices, the corresponding figure for May, 1953, is 18s. 5d.