HC Deb 25 November 1980 vol 994 c72W
Mr. Kaufman

asked 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 Howe

[pursuant to his reply, 24 November 1980]: Taking the internal purchasing power of the £ sterling as 100p in May 1979, its value in October 1980, the latest period for which information is available, was 79p.

Forward to