§ Mr. Wheelerasked the Chancellor of the Exchequer what is the buying power of the £1 as against the post-war half-crown, and as against the 50p piece when this was introduced in 1969.
§ Mr. BiffenThe buying power of the £1 in October 1980 was equivalent to about 90 per cent. of the buying power of the post-war non-silver "white" half-crown when it was first introduced in 1947, and to about half the buying power of the 50p piece when it was introduced in October 1969.
§ Mr. Kaufmanasked the Chancellor of the Exchequer what, on the basis of the index of retail prices, is the purchasing power of the £ sterling now, taking it as 100 on 3 May 1979.
§ Sir Geoffrey HoweI shall let the right hon. Member have a reply as soon as possible.