Re: What is this for?
I find that link to the RS screwdrivers interesting.
87p each + VAT, so £1.044 each in multiples of 10. Originally made by Stead before RS started selling them re-branded as RS, we used to nip into the builders merchants next door where they were in a stand on the counter.
6d each with a 2½" blade, 7d with a 3½" blade in 1961. I make that 3,500% inflation!
However, I'm comparing a 1961 retail price with a 2019 trade price, which makes things even worse.
With 2019 prices officially 2,107.52% higher than 1961, a retail price of 66p would be fairer.
Interesting that I lived though all this rampant inflation but, until I started calculating the figures above, I didn't realise just how bad the cumulative effects have been!
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