§ Mr. Martenasked the Chancellor of the Exchequer by how much the value of the £ sterling for domestic purposes has declined since devaluation in November.
§ Mr. Harold LeverTaking the internal purchasing power of the £ as 20s. 0d. in November, 1967, its value in January, 1968, the latest date for which information is available, is estimated at 19s. 10d.
This estimate is based on movements in the index of retail prices. A large part of the movement in this index between November and January is attributable to seasonal factors and the disruption of normal meat supplies.