Financials
Purchasing Power of the Pound ()
 
Annual Total Balances adjusted by 'Purchasing Power' to 1979 Values
 
Customers'
Credit
Balances
Balances of
Advances to
Customers
Purchasing
Power
Factor
Adjusted
Credit
Balances
Adjusted
Debit
Balances
 1919
307,610
 
456.4
3,140,788
 
 1920
746,984
39,110
395.4
6,607,550
345,953
 1921
1,405,978
233,694
432.5
13,603,702
2,261,133
 1922
1,869,596
263,454
502.9
21,034,001
2,964,005
 1923
2,883,942
287,953
535.0
34,516,979
3,446,417
 1924
4,243,541
402,798
538.9
51,159,827
4,856,104
 1925
5,611,532
658,897
537.1
67,426,260
7,917,082
 1926
6,799,511
1,100,367
541.6
82,385,127
13,332,411
 1927
7,800,221
1,567,358
554.7
96,796,031
19,449,966
 1928
9,069,841
1,704,799
556.3
112,875,896
21,216,548
 1929
10,274,625
1,681,821
561.3
129,018,949
21,118,705
 1930
11,534,835
1,741,178
577.2
148,946,460
22,483,399
 1931
12,885,068
1,808,001
602.8
173,761,051
24,381,723
 1932
13,682,647
1,820,311
618.9
189,444,972
25,203,366
 1933
15,335,689
1,725,149
632.5
216,998,284
24,410,665
 1934
17,063,594
1,575,839
632.7
241,524,294
22,304,996
 1935
18,925,999
1,535,470
628.2
265,980,147
21,579,021
 1936
21,230,935
1,735,079
623.6
296,188,167
24,205,711
 1937
23,802,559
2,070,554
603.2
321,201,423
27,940,899
 1938
26,680,561
2,175,476
593.8
354,427,676
28,899,276
 1939
29,350,236
2,431,517
577.7
379,320,612
31,424,773
 1940
31,589,389
2,693,877
494.8
349,674,042
29,819,471
 1941
35,917,804
2,606,951
446.4
358,695,922
26,034,517
 1942
42,056,508
2,424,393
416.6
391,962,891
22,595,126
 1943
50,797,006
2,202,395
403.1
458,082,173
19,860,971
 1944
59,510,298
1,987,050
392.5
522,545,682
17,447,810
 1945
67,742,971
1,782,361
381.7
578,467,383
15,219,848
 1946
74,281,359
1,674,632
370.1
615,023,064
13,865,354
 1947
78,017,901
1,280,790
345.8
603,547,878
9,908,214
 1948
80,954,001
1,440,500
321.1
581,528,629
10,347,753
 1949
83,368,124
1,552,084
312.4
582,644,339
10,847,227
 1950
85,121,032
1,905,115
303.1
577,185,342
12,918,129
 1951
85,095,825
2,203,472
277.7
528,660,192
13,689,131
 1952
84,769,127
2,595,017
254.4
482,444,427
14,768,956
 1953
85,437,740
3,037,319
246.7
471,532,225
16,763,011
 1954
86,306,963
3,462,938
242.3
467,833,940
18,771,138
 1955
88,088,614
4,405,105
231.8
456,799,569
22,843,475
 1956
88,577,694
5,175,402
220.9
437,736,300
25,575,980
 1957
85,892,086
5,085,517
213.0
409,284,437
24,233,000
 1958
83,649,098
5,234,304
206.8
386,994,037
24,215,975
 1959
81,929,350
5,431,639
205.6
376,838,353
24,983,109
 1960
84,161,954
5,590,153
203.6
383,341,697
25,462,084
 1961
85,250,730
5,870,232
196.8
375,332,073
25,844,780
 1962
86,660,093
6,088,627
188.8
366,027,417
25,716,617
1963
88,845,698
6,154,897
185.1
367,904,669
25,487,057
 1964
91,234,473
6,279,975
179.3
365,958,412
25,190,146
 1965
92,834,939
6,342,026
171.1
355,348,055
24,275,630
 1966
93,937,012
6,432,785
164.6
345,906,760
23,687,615
 1967
92,335,217
6,600,540
160.6
331,745,768
23,714,692
 1968
94,478,112
6,368,272
153.4
324,226,899
21,854,428
 1969
95,949,496
6,209,640
145.5
312,318,829
20,212,587
 1970
95,065,150
6,168,601
136.8
290,937,640
18,878,403
 1971
99,761,865
6,225,772
125.0
278,976,133
17,409,877
1972
104,882,292
6,738,583
116.7
273,820,212
17,592,676
1973
113,944,933
6,963,874
106.9
272,499,180
16,654,097
 1974
120,682,805
7,848,207
92.2
248,925,159
16,188,024
 1975
128,382,322
8,490,778
74.2
213,108,910
14,094,312
 Mar 1976
137,255,630
9,210,871
63.7
195,596,949
13,126,006
 Nov 1976
136,730,965
9,435,491
63.7
194,849,272
13,446,102
1977
141,600,000
10,056,000
54.9
173,911,409
12,350,658
1978
160,669,000
13,193,000
50.7
182,235,309
14,963,872
1979
177,659,000
18,465,000
44.7
177,659,000
18,465,000
NOTE:
 
Purchasing Power Factor with January 1974 = 100 pence (Source: Office for National Statistics)
 
Adjusted Balances show relative purchasing power; amounts expressed as 1979 values
 
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