Historian, Writer, Commentator, Consultant.

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One pound equals…

Posted by on Jan 31, 2012 in Blog | 0 comments

The other day I was asked to write a puff for an author whom I admire and a book I very much like. It’ll be a generous recommend, as the navy used to say. But before I wrote the puff I contacted the publisher (also a man and a company I also very much respect) to ask them to remove a line from the book. The line? ‘£1 (pound) = $2 (1966)’ Why? It is undeniably true that on 14 February 1966 when out-went-the-pennies-and-in-came-the-cents a pound was deemed to have the buying power of two of the...

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