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THE GOOD OLD DAYS

In 1980 I wrote a small piece for the Valley News named 'The Good Old Days'. It was a tongue-in-cheek article and I started by suggesting to the reader that, 30 years hence, we might be amused with comparisons in the prices of everyday consumer items. Well 20 years have elapsed, the facts are certainly an eye-opener and could possibly be regarded as humourous, although with some of the items I am not sure whether one should laugh or cry.

I started by giving the price of petrol, a controversial issue at the moment, which in 1980 was £1.30 a gallon and this I compared with the 1950 price of 15p a gallon. At the other extreme, the bank rate was 17 per cent with a mortgage costing a tidy 14% per cent. Other items from our shopping bag in 1980 were as follows:

Quarter lb PG Tips tea 24p   The Times newspaper 15p
1 doz large eggs 70p 2lb granulated sugar 33p
1lb English Cheddar cheese 90p Bottle Bells whiskey £4.80
1 ton house coal £65 First class letter post 12p
Half lb butter 50p 20 cigarettes 60p
1lb best steak £2.20 1 pint best bitter 45p
A large sliced loaf 30p Colour TV licence £34
1 pint milk 18.5p 2nd class return rail fare Heyford-Oxford £1.26

These prices are average but with careful shopping around the discerning shopper may find more advantageous bargains. Likewise, if your groceries are delivered from Harrods you will probably be paying slightly more.

P.S. The top-of-the-range Rolls Royce costs a mere £71,137.

Brian Scott-Smith
September 2000

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