"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/