HC Deb 03 June 1980 vol 985 c651W
Mr. Kaufman

asked the Chancellor of the Exchequer what, based upon the index of retail prices, is the purchasing power of the £ sterling now, taking it as 100p on 4 May 1979.

Sir Geoffrey Howe

[pursuant to his reply, 2 June 1980]: Taking the internal purchasing power of the £ sterling as 100p in May 1979, its value in April 1980, the latest period for which information is available, was 83p.