It does not mean that the pound here in Britain, in your pocket, in your purse or in your bank, has been devalued. So said Harold Wilson, the prime minister, in November 1967
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![]() It does not mean that the pound here in Britain, in your pocket, in your purse or in your bank, has been devalued. So said Harold Wilson, the prime minister, in November 1967 No comment yet.
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A piece written by Paul Johnson, Director of the ESRC-funded Institute for Fiscal Studies