£ Sterling

HC Deb 23 May 1966 vol 729 c33W

Mr. Wallace

asked the Chancellor of the Exchequer what was the purchasing value of the £ sterling in 1957 compared with 1966.

Mr. MacDermot

On the basis of the change in the consumer price index, the purchasing value of the £ sterling taken as 20s. in April, 1966, was 25s. 7d. in 1957.