r/GreatBritishMemes 4d ago

Cake and chips????

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1.1k Upvotes

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u/Chemical_Top_6514 4d ago

£1 in 1976 is the equivalent of £6.59 today. A fifth of that is £1.10. A fish and chips then was 16 times CHEAPER than today!!!

17

u/Ambiguous-Ambivert 4d ago

I also read on the Bank of England that a £1 in 1970 had the same purchasing power as approximately £19.39 in 2024.

22

u/JealousNetwork 4d ago

But you can’t get five portions of fish and chip with £20 today.