HC Deb 17 December 1981 vol 15 c218W
Mr. Dempsey

asked the Chancellor of the Exchequer if he will publish in the Official Report figures showing the internal purchasing power of the £ sterling taking it as 20 shillings—100 pence—in 1975, for each subsequent year, in terms of shillings and pence and in pence since the introduction of decimal currency.

Mr. Bruce-Gardyne

Taking the internal purchasing power of the pound sterling as 20 shillings (100 pence) in1975, its value in terms of shillings and pence anti in pence since that date is given below:

Year Shillings/Pence Decimal currency
1975 20/-d 100p
1976 17/2d 86p
1977 14/10d 74p
1978 13/8d 68p
1979 12/1d 60p
1980 10/2d 51p
*1981 9/2d 46p
*Provisional.