§ Mr. Adleyasked the Chancellor of the Exchequer taking the £1 as 100p on 28th February 1974, what is the internal purchasing power of the £1 at the latest available date.
§ Mr. Denzil DaviesTaking the internal purchasing power of the pound as 100p in February 1974, its value in January 1976, the latest date available, is estimated to be 69p. This estimate is based on the change in the General Index of Retail Prices.