§ Mr. Geoffrey Finsbergasked the Chancellor of the Exchequer what is the estimated life of a £1 and £5 note, respectively and what was the expectation in 1970 and 1974.
§ Mr. Denzil DaviesFollowing is the information:
Average estimated life 1970 months 1974 months 1978 months £1 11 10¼ 9¼ £5 19½ 20 16[...]