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£ Sterling

Volume 932: debated on Tuesday 24 May 1977

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asked the Chancellor of the Exchequer what sums invested on 5th April 1955 and 5th April 1966 would have the same purchasing power as £1,000 invested on 5th April 1975.

, pursuant to his reply [Official Report, 23rd May 1977; Vol. 932, c. 347], gave the following information:The sums of £340 and £470 in 1955 and April 1966 respectively had internal purchasing power equivalent to that of £1,000 in April 1975.