§ 35. Mr. Pounderasked the Chancellor of the Exchequer what has been the fall in the real value of the £ sterling since 15th October, 1964, to the most recent convenient date.
§ Mr. DiamondOn the basis of the change in the index of retail prices, the purchasing power of the £ sterling, taken as 20s. in October, 1964 was about 18s. 6d. in May, 1966, the latest date available.
§ 44 and 45. Mr. Emrys Hughesasked the Chancellor of the Exchequer (1) to what extent the West German Bank has assisted in measures to save the pound;
(2) to what extent the Bank of Switzerland has assisted in measures to save the pound.
§ Mr. CallaghanI would refer my hon. Friend to the announcement on 14th June.
§ Sir C. Osborneasked the Chancellor of the Exchequer if he will publish in the 36W OFFICIAL REPORT a table showing the internal purchasing power of the £ sterling as 20s. in 1914, and then the value in each year since in shillings and pence to the latest convenient date.
§ Mr. MacDermotThe figures for the years 1914–1964 will be found in column 138 of the OFFICIAL REPORT for 22nd January, 1965. The corresponding figure for 1965 is 3s. 11d.