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178.
Mr. H. A. Price
asked the Chancellor of the Exchequer to what amount the purchasing power of the old age pension of 26s. per week for a single person and 42s. per week for a married couple, respectively, had fallen, since those figures were fixed, at the latest convenient date; and what that date was.
Mr. Jay
About 22s. 5d. and 36s. 2d. respectively, calculated on the figure for December, 1950, on the Official Index of Retail Prices introduced in June, 1947, and the previous Cost-of-Living Index.