§ Mr. Michael Marshallasked the Chancellor of the Exchequer what is the current value of the £ sterling, taking it to be worth 100 pence in November 1971.
§ Mr. Denzil DaviesTaking the internal purchasing power of the pound as loop in November 1971, its value in October 1976, the latest date available, is estimated to be 50p. This estimate is based 685W on the change in the General Retail Prices.