HC Deb 04 June 1962 vol 661 c10W
59. Mr. A. Lewis

asked the Minister of Pensions and National Insurance if he is aware that during the past year the £ sterling has depreciated in purchasing value by 1s. 1d.; and to what extent his Department's estimates for expenditure would have to be increased to ensure the same purchasing power as 12 months ago.

Mrs. Thatcher

Yes. By about £80 million a year.

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