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Old November 1st 04, 09:51 AM posted to uk.transport.london
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Default Trivia: Hook Underpass (Ace of Spades)

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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