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Old November 1st 04, 08:45 AM posted to uk.transport.london
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Stuart wrote to uk.transport.london on Sun, 31 Oct 2004:

What is HRA and what is 5/-??

I don't know HRA, but 5/- is our old currency, what used to be called
"five shillings". Now 25p, but in those days it was a lot of money!
Maybe the equivalent of £50 or thereabouts.
--
"Mrs Redboots"
http://www.amsmyth.demon.co.uk/
Website updated 31 October 2004


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Old November 1st 04, 09:36 AM posted to uk.transport.london
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In message , Mrs Redboots
writes

Stuart wrote to uk.transport.london on Sun, 31 Oct 2004:

What is HRA and what is 5/-??

I don't know HRA, but 5/- is our old currency, what used to be called
"five shillings". Now 25p, but in those days it was a lot of money!
Maybe the equivalent of £50 or thereabouts.


Not that much! 5 shillings in 1930 was worth about 12 pounds today - so
not bad for a short flight.

--
Paul Terry
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Old November 1st 04, 09:51 AM posted to uk.transport.london
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Paul Terry wrote to uk.transport.london on Mon, 1 Nov 2004:

In message , Mrs
Redboots writes

Stuart wrote to uk.transport.london on Sun, 31 Oct 2004:

What is HRA and what is 5/-??

I don't know HRA, but 5/- is our old currency, what used to be called
"five shillings". Now 25p, but in those days it was a lot of money!
Maybe the equivalent of £50 or thereabouts.


Not that much! 5 shillings in 1930 was worth about 12 pounds today -
so not bad for a short flight.

As little as that? Hmm..... you could support a family on £300 a year,
back then, and now you would want, what, a minimum of £20,000. Okay
some things (notably communications) are infinitely cheaper now than
they were then, but if you express 5 shillings as a fraction of the
annual salary, it would be more like £2,400 of today's money.
--
"Mrs Redboots"
http://www.amsmyth.demon.co.uk/
Website updated 31 October 2004


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Old November 1st 04, 10:29 AM posted to uk.transport.london
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In article , Mrs Redboots
wrote:
Not that much! 5 shillings in 1930 was worth about 12 pounds
today - so not bad for a short flight.

As little as that? Hmm..... you could support a family on
£300 a year, back then, and now you would want, what, a
minimum of £20,000. Okay some things (notably communications)
are infinitely cheaper now than they were then, but if you
express 5 shillings as a fraction of the annual salary,
it would be more like £2,400 of today's money.


Uh? 5/- is 1/1200 of £300. So today's equivalent would be 1/1200
of £20K = £16.67 surely?

--
Tony Bryer

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Old November 1st 04, 12:12 PM posted to uk.transport.london
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Tony Bryer wrote to uk.transport.london on Mon, 1 Nov 2004:

In article , Mrs Redboots
wrote:
Not that much! 5 shillings in 1930 was worth about 12 pounds
today - so not bad for a short flight.

As little as that? Hmm..... you could support a family on
£300 a year, back then, and now you would want, what, a
minimum of £20,000. Okay some things (notably communications)
are infinitely cheaper now than they were then, but if you
express 5 shillings as a fraction of the annual salary,
it would be more like £2,400 of today's money.


Uh? 5/- is 1/1200 of £300. So today's equivalent would be 1/1200
of £20K = £16.67 surely?

Probably, probably..... never very good at maths, I wasn't.
--
"Mrs Redboots"
http://www.amsmyth.demon.co.uk/
Website updated 31 October 2004




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Old November 1st 04, 04:58 PM posted to uk.transport.london
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"Mrs Redboots" wrote in message
...
Stuart wrote to uk.transport.london on Sun, 31 Oct 2004:

What is HRA and what is 5/-??

I don't know HRA, but 5/- is our old currency, what used to be called
"five shillings". Now 25p, but in those days it was a lot of money!
Maybe the equivalent of £50 or thereabouts.


Back in the 1950s, 5/- was about 25% above the hourly rate for labourers, so
today's equivalent would be the minimum wage of £4.90 per hour+25%, say
£6.12. That's a factor of about 24 to 1.
--
Terry Harper, Web Co-ordinator, The Omnibus Society
75th Anniversary 2004, see http://www.omnibussoc.org/75th.htm
E-mail:
URL:
http://www.terry.harper.btinternet.co.uk/


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Old November 1st 04, 05:34 PM posted to uk.transport.london
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In message , at 17:58:22 on Mon, 1
Nov 2004, Terry Harper remarked:
Back in the 1950s, 5/- was about 25% above the hourly rate for labourers, so
today's equivalent would be the minimum wage of £4.90 per hour+25%, say
£6.12. That's a factor of about 24 to 1.


Whereas the £300 vs £20,000 is 67:1

Perhaps the £300 was a little on the low side - being £1.50 an hour or 3
shillings and nine pence an hour.
--
Roland Perry
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Old November 1st 04, 06:00 PM posted to uk.transport.london
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Roland Perry wrote to uk.transport.london on Mon, 1 Nov 2004:

In message , at 17:58:22 on
Mon, 1 Nov 2004, Terry Harper
remarked:
Back in the 1950s, 5/- was about 25% above the hourly rate for labourers, so
today's equivalent would be the minimum wage of £4.90 per hour+25%, say
£6.12. That's a factor of about 24 to 1.


Whereas the £300 vs £20,000 is 67:1

Perhaps the £300 was a little on the low side - being £1.50 an hour or 3
shillings and nine pence an hour.


I was basing that on "Murder must Advertise", which I happen to be
re-reading, where a senior copywriter in an advertising agency was
earning £6.00 per week - I beg his pardon, £6/0/0, or £312 a year. And
Lord Peter Wimsey, if you recall, learning the trade, only made £4/0/0 a
week, or £208. Yet this wasn't considered particularly low....
--
"Mrs Redboots"
http://www.amsmyth.demon.co.uk/
Website updated 31 October 2004


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