§ 114. Mr. Kaufmanasked the Chancellor of the Exchequer what is the purchasing power of, respectively, £6 and £9.70 now, taking them as 600p and 970p in November, 1969.
§ Mr. HigginsTaking the values as 600p and 970p in mid-November 1969, their purchasing power in mid-December, 1971, the latest date for which information284W ten children under 11 years of age, resulting from the ending of family and child tax allowances and the introduction of positive tax-free benefits of £1.15 for the first child, £.1.35 for the second and £1.50 for subsequent children.
§ Mr. Patrick JenkinThe following figures show the gains (+) or losses (-) that would result from the proposed changes:
is available, is estimated at 507p and 819p respectively.
These estimates are based on the movement in the General Index of Retail Prices.