RogerS
Established Member
Interesting table in the paper today.
1952 weekly wage £7.50 Today £500. So that's about 65x.
So how about costs? (Figures in brackets are 1952 prices factored x65)
A house 1952 £2000 (£130,000) today £163,000 ...... quite a hike but we all knew that.
A pint of beer 1952 9 pence...that's just under 4p (£2.47) today £2.80 (I wish!) ......... not doing so badly then
A pint of milk 1952 4 pence ..that's 1.6p in decimal (£1.08) today 50p .....which explains why so many dairy farmers are giving up and the abuse of power by the supermarkets.
1952 weekly wage £7.50 Today £500. So that's about 65x.
So how about costs? (Figures in brackets are 1952 prices factored x65)
A house 1952 £2000 (£130,000) today £163,000 ...... quite a hike but we all knew that.
A pint of beer 1952 9 pence...that's just under 4p (£2.47) today £2.80 (I wish!) ......... not doing so badly then
A pint of milk 1952 4 pence ..that's 1.6p in decimal (£1.08) today 50p .....which explains why so many dairy farmers are giving up and the abuse of power by the supermarkets.