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Mr. Dempsey
asked the Financial Secretary to the Treasury if he will publish in the OFFICIAL REPORT figures showing the internal purchasing power of the £ sterling as 20s. in 1951, and the value for each subsequent year in terms of shillings and pence.
Sir E. Boyle
Yes. The following is the information:
| s. | d. | ||||
| 1951 | … | … | … | 20 | 0 |
| 1952 | … | … | … | 18 | 11 |
| 1953 | … | … | … | 18 | 7 |
| 1954 | … | … | … | 18 | 3 |
| 1955 | … | … | … | 17 | 8 |
| 1956 | … | … | … | 16 | 11 |
| 1957 | … | … | … | 16 | 5 |
| 1958 | … | … | … | 16 | 0 |
| 1959 | … | … | … | 15 | 11 |
| 1960 | … | … | … | 15 | 10 |