HC Deb 18 July 1957 vol 573 c131W
61. Mr. John Hall

asked the Chancellor of the Exchequer the value in terms of purchasing power on 30th June, 1951, and 30th June, 1957, respectively, of a post-war credit of£50 issued in 1943; and what estimate he has made of the value of that post-war credit at 30th June, 1977, if inflation continues at the average rate of the last three years.

Mr. Birch

The answer to the first part of the Question is, on the basis of the Consumer Price Index adjusted by the Index of Retail Prices, about£35 in June, 1951, and£28 in June, 1957. The answer to the second part is "None."