HC Deb 24 November 1970 vol 807 c57W
31. Mr. Kaufman

asked the Chancellor of the Exchequer what is the purchasing power of the £ sterling now, taking it as 20s. on 18th June, 1970.

Mr. Patrick Jenkin

Taking the internal purchasing power of the £ sterling as 20s. 0d. in mid-June, 1970 its value in mid-October, 1970, the latest date for which information is available, is estimated at about 19s. 7d.