§ 30. Mr. Kaufmanasked the Chancellor of the Exchequer what, on the basis of the General Index of Retail Prices, is the purchasing power of the £ sterling now, taking it as 100p on 18th June, 1970.
§ Mr. NottTaking the internal purchasing power of the £ sterling as 100p in mid-June, 1970, its value in mid-August, 1972, the latest date available, is estimated at 84½p on the basis of the movement in the General Index of Retail Prices.