just a quickie, I'm writing a short 'essay' for want of a better word, and I'm trying to establish a few references to equate to today's costs, for the following.........any and all answers appreciated.........I don't need exact, just a rough equivalence would do, or where to look it up.
GBP£39,000 in June 1993. What that would be, today, indexed for inflation, etc. ?
either, it's only a hobby essay......exchange rate I have - it was IEP was GBP0.986 at the time. I'm just trying to put a relative value on what the 39k would be in today's money.
For instance, 39k in 1993 would have bought a....house ? maybe ?
I know I paid 9k in 1992 for a site and it was like borrowing 130k today.......!
either, it's only a hobby essay......exchange rate I have - it was IEP was GBP0.986 at the time. I'm just trying to put a relative value on what the 39k would be in today's money.
For instance, 39k in 1993 would have bought a....house ? maybe ?
I know I paid 9k in 1992 for a site and it was like borrowing 130k today.......!
How curious... if you correlate that graph with the corresponding governments at the time, you can see a pattern. Each time there is a rise in the graph it occurs close to a change of government and in each case the incoming government is a FF-led one (1977, 1987, 1997). There are two additional FF-led goverments in the period of that graph that do no conform to the pattern, one was the shortlived 1982 minority government under CJH and one was the partnership with the Labour Party in 1992.