§ Mr. Bakerasked the Chancellor of the Exchequer what would be the sum required to provide the same purchasing power as £3,250 in December 1964, £4,100 in December 1971, and £5,750 in July 1975, respectively.
§ Mr. Denzil DaviesIn December 1976, the latest date for which information is available, the sums required to give equivalent internal purchasing power to those specified at the given dates are respectively, £9,600, £8,360 and £6,975 They have been calculated with reference to movements in the General Index of Retail Prices.