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