§ Mr. Harold Daviesasked the Chancellor of the Exchequer what the worth is now of a 1945 15s. savings certificate; and what the purchasing power of that certificate is in terms of 1945 prices.
§ Mr. H. MacmillanA National Savings certificate of the Seventh Issue bought for 15s. on 1st June, 1945, would be worth £1 1s. 1d. on 1st June, 1956. The Answer to the second part of the Question is 13s. This figure is based on the Consumer Price Index between 1945 and 1955 (the index figure for 1945 being estimated) and the Index of Retail Prices thereafter.