HC Deb 27 January 1961 vol 633 c60W
Mr. de Freitas

asked the Chancellor of the Exchequer whether he is aware that, taking the internal purchasing value of the £ sterling as 20s. in October, 1951, it had declined to 18s. 7d. in December, 1952, and to 16s. 3d. in December, 1956; and what was the comparable figure for December, 1960.

Mr. Barber

Yes, on the basis of the retail price index. The comparable figure for December, 1960, is 15s.