HC Deb 22 July 1969 vol 787 cc330-1W
Mr. Hooley

asked the Chancellor of the Exchequer if, when decimal currency is introduced, he will take steps to provide that all Government Departments abandon the £ sign and use instead the symbol p following the numeral and the symbol tp for £ thousand and mp for £ million.

Mr. Taverne

The small letter p placed after a number is the abbreviation for new penny or new pence chosen by the Decimal Currency Board after extensive consultation. The pound, the pound sign and the standard practice of placing the sign before the number are unaffected by decimalisation of the currency.