HC Deb 07 November 1988 vol 140 c35W
Mr. Leighton

To ask the Chancellor of the Exchequer what has been the cumulative revaluation or devaluation of(a) the deutschmark, (b) the French franc and (c) the Italian lira since the inception of the European monetary system.

Mr. Lilley

In the 11 realignments of the currencies in the exchange rate mechanism of the European monetary system since its inception in 1979, the central rates of the deutschmark, French franc and Italian lira against the ecu have been revalued by +22, -16 and -22½ per cent. respectively.

Wives with Investment Income, 1986–87
Earning wives Non-Earning Wives
With wife's Earnings election Without wife's Earnings election
Range of Total income of married couple (lower limit) £ p.a. Number of wives with investment income 000 Amount of investment income £ million Number of wives with investment income 000 Amount of investment income £ million Number of wives with investment income 000 Amount of investment income £ million
5,000 740 210 1,310 380
10,000 2,440 720 1,140 340
20,000 20 10 690 310 130 90
30,000 110 80 100 100 80 120
50,000 30 90 20 100 30 80
Total 160 180 3,990 1,440 2,690 1,010

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