1966: English HOLIDAY RESORTS - VALUE FOR MONEY? | Classic BBC News reports | BBC Archive
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- čas přidán 8. 09. 2024
- Do English resorts offer value for money during the August Bank Holiday? How far will 50 bob stretch in some of the most popular seaside destinations? BBC News sent Gerald Harrison to Blackpool, Tony Scance to Great Yarmouth and Hugh Scully to Torquay, to find out.
Originally broadcast 29 August, 1966.
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I loved the new money when it came out in 1971. I remember my mother giving me this leaflet about the new money and I just loved how easy it was to understand. I was 7 in 1971 and I remember finding a copper 2 pence piece on the ground. I took it with me to a little corner shop and made my very first money transaction. I also remember what I bought, it was a packet of fizzy orange Spangles, which cost the full 2 pence.
I was ten at that time and bought my first lucky bag .
Spangles❤where are they now?
You'll be pleased to know many of those hotels haven't been updated since this video, judging by my visit last year 😂
That stunning view of Yarmouth was… something.
I found it a little flat
Iv'e just come back from Skegness, last time I was there was 1982. The place was very clean, no dog mess, no rubbish no being ripped of with all day parking, meals cheaper than where I live
£7 fish n chips peas n cuppa tea, £8 15" pizza, very very cheap. When the local councils stop ripping people off and invest thats when seaside towns like Blackpool will attract more people,
until then there doomed. Dad passed last year with Covid (84) so we thought we would take mam back for some memories, would defo book Skegness back up again we stayed at Ingomels.
I'm from Blackpool and spent a week in Skegness, Butlins last year with friends and loved it, Skegness seems to have more chip shops than Blackpool, also all they sell slush puppies everywhere with shots of rum and vodka in them, lovely and recommended. I was impressed, not just the booze. Skegness was really great anyway
@@onlyme219 Got some fond memories of Blackpool, it used to be a yearly outing with family back in the late 70's/early 80's.
Yeah lots of chippies and slush puppies
but surprised with the amount of security
guards - which can only be a good thing - I felt I could relax with the kids at the park.
Value for money is outstanding.
@@permissiontoshoot5036 That's nice of you to say, sadly an all inclusive week abroad is now cheaper than a week in Blackpool for the prices for attractions now. That said a day out in Blackpool is still recommended in my view, stay safe Permission to Shoot :)
There's no way on hell's earth I am going to Blackpool or Skegness. If places do not evolve then they simply fade away..
@@Answersonapostcard Ok, Mr Grumpy
Wow those prices! If I could go back to then with my present minimum wage I could live like a millionaire!
It sounds like things were cheap but the equivalent 6s for his evening at the show would be about 6.50GBP now.
@@Liofa73 That sounds pretty reasonable still, TBH
I can recall my dad coming home from work in the mid 1970s and telling my mum he’d been promoted and had a pay rise to seven quid an hour, which was not too bad for the time. Far from being well off, but still a big improvement.
@@IAmSoMuchBetterThanYou bob or quid? Cos one of them is a lot bigger than the other!
@@kawaiilotus UK no longer had shillings (bob) in the mid-70s so I think he is referring to the quid not bob.
A nice look at what was probably the beginning of the end of the "seaside landlady" type of holiday as it was about this time that foreign package holidays became popular.
(£1 in 1966 was worth £13.)
One pound in 1966 was worth one pound. Where do you get the thirteen pounds nonsense from? One penny was worth one penny. One shilling was worth one shilling. Thirteen pounds were worth thirteen pounds. I hope you don't work in a bank.
@@majorlaff8682 £13 in 2022
@@hilaryepstein6013 Ah, a pound in 2022 is still only worth one pound. Do you mean, in 1966, one could buy the equivalent of goods that would cost thirteen pounds in 2022? Sadly, the 2022 goods would not only be more expensive but be of inferior quality.
So he went away with 50 Bob which would be £32.50 now.
@@majorlaff8682 what's your point exactly, besides being deliberately difficult when you knew exactly what was meant by the first comment?
I've been on a topless beach but never a topless bus.... Sounds fun.
Ah, nothing like a bit of the ol'voyeurism at the seaside. Those were the days.
🧐😂😂
OOH MATRON ...
And for a couple of coppers too
@@campbellgraham1979 you'll find a couple of coppers being the first in line to use them things!😂✌️
It was a simpler time 😂
Nobody does a seaside holiday like the British, it's a unique phenomenon.
It's comparable with Belgium though... People from all over the country go mostly to Oostende, Blankenberge and Knokke. Sometimes for a day by train or car, sometimes in their private appartment or in a hotel.
Blimey Hugh Scully was young once. Only knew him on TV as a late middle aged man.
Times were simpler. Happy just to get away from the daily humdrum. Great holiday atmosphere.
That ending tho
in those days you were turfed out of your boarding house after breakfast and not allowed back to your room until teatime. interesting that blackpool, yarmouth and torquay are all run-down these days, a far cry from their holiday heydays
I used to go mackerel fishing with my dad on holiday. I’d have been ten when this was made. No idea how much it cost though.
State of those places now.
They literally look the same
Goldmine this channel. Best sub I ever did
Back in 1966 the year I was born.
Hugh Scully’s a playa
The telescope... Hahaha😂 what a clever guy who install there....
My thoughts haha
Great placement !
Couple o' bob for a pint !
Grand ol' days !
what the hell is a bob?
@@Answersonapostcard A bob is a shilling. 12 old pennies. 5 new pence. 20 shillings to the pound
ten bob note - ten shilling note
@@iainmackenzieUK How about a quid ? What's that ?
I was a kid in 1966 and hearing 4/8d (under 25 pence now) for two pints of beer really sounds unrealistic nowadays. We used to holiday sometimes in Blackpool at this time and it was a wonderful place to go.
Who knew Hugh Scully was a bit pervy!
I thought I recognised him but couldn't put a name to the face. Not pervy normal healthy male pastime.
@@jonathanparker1845 tell my wife that! 😂
@@tuneupdog Boooom!!
BBC enough said.
This was recorded about a month after England won the 1966 World Cup
No wonder everyone looks happy
brilliant stuff. Happy Days 😁 I enjoyed and remember them well.
Fun video . I doupt £100 would cover that 50 shillings now . Room between £40 and £60 and I am being on the cheap side , reasonable evening meal nearly £20 , and the extras dueing the day and evening . I am old enough to remember my gran always saying this or that item has gone up 1 shilling or that cost 10 bob and this was after decimalisation infact lots of older people upto the 90s often quoted imperial money phrases . Nowdays it does not do to even try to compare because it would be scary .
His room was about 25s (£1 and 5s), which would be roughly £24-25 these days, he said the expensive one was FROM 55s which is nearly £3 at the time for B&B which is about £50 in today's money.
My grandad would always say "here's two bob to go and get some sweets", that would have been early 1980s.
@@Liofa73 for 25 quid today you'd be lucky to get a pillow let alone a whole room for the night
Probably £2 to spy on sun bathing harlot now
Brilliant!
Hugh Scully! Blimey, he must have been in his teens!!!
If this is from 1966, about 23 by my reckoning. It was only reading your comment, I realised it was him.
He looks like Unibrow of the Austin Powers films!😂😂✌️
He was on the local BBC Spotlight South West TV news programme from 1963-64 to 1978,believe he was around 21 when he started.
The days when going out for an evening meal meant donning a suit, shirt and tie
I still try to do that.
Look how clean everything is!
2:14 The good old days when Ronnie Kray had an honest job 😁
Give me a Time Machine
Prices in 2022 are at least 40 times 1966 prices. If you look on the 'Net, there are so-called "inflation calculators", suggesting there's only been 10x inflation in the past 56 years. If that's the case then the cost of that room in Gt. Yarmouth, which was 18/6d (ie, about 90 pence) should be available for £9 nowadays. Good luck finding a hotel room for nine quid. The average cost is about £50 - ie 55x the 1966 prices. The people who make these inflation calculators must _be_ stupid or think that _we're_ stupid.
That's wrong; 18/6d would be about £17 today. (www.nationalarchives.gov.uk/currency-converter/)
Exactly. It's all government driven tosh, just like the population figures that they put out. We all know that there's more foreigners here than they say.
Demand also makes the prices go up, not just inflation
@@x-fun3149 gas prices and weakness of the economy also play a big role.
Aren't there many factors that impact inflation... Strength of economy etc.... Tbf I though prices in uk were pretty stable, rising steadily until brexit, war in Ukraine and covid. .. Then it just got ridiculous. But hey ho most large corporations are making record profits.
Fascinating video but I have idea what the money means or any idea what it would translate to in today's money.
The old money, 20 shillings = £1. 1 shilling = 12 pennies. Half a crown coin = 2 shillings and 6 pennies. Then there was a 2 shilling coin and a 1 shilling coin 6 penny coin, and the 3 penny coin and the 1 penny coin and a half penny coin. Simples.
They cut the bit at the end where Scully dropped his kecks.
For me best life can only possible in english seaside town.haven. like doc martin.
Flashing fivers all over the place! Those were the days.
If you flashed a 50£ note now, that'd probably get a reaction, but since contactless payments we've forget even that's not enough these days.
This is ten years before I was even born 👶 😭😭 lol
"flashing fivers all over the place" show offs!
Hugh mincing around with his white polo neck and shades.
My grandmother said they used to take their own 'cruet set', because hoteliers used to charge sixpence a week extra for it
That was High Scully in Torquay.
20 bob / shillings = 1 Pound and 12 pence = 1 shilling ... For people like me who is not fluent in the old British monetary system. And if you come across a farthing that's 4 farthing = 1 penny.
(edit: 1 pence to 1 penny as per @Kevin Elliott's comment )
Ahem, '1 penny'. Trust me. I was there.
@@kevelliott I stand corrected :D ... Thanks for that. Sometimes the great google machine only gives you half the information.
@@LuiWallentinGttler You are very welcome!
Same. I remember my gran talking about shillings and I had no idea what she was talking about. I grew up in the 80s and 90s.
@@LuiWallentinGttler
I remember Gerald Harrison on our local BBC News in the North West, along with the long disgraced Stuart Hall. 2 pints of beer at 4s 8d? That's 2s 4d a pint, that was expensive for 1966. When I began drinking in the late 1960s/ early 1970s. when Decimal currency came in (Feb 1971), Bitter was 11 new pence (2s 2d old money) a pint. So 2s 4d for a pint 5 years earlier would hardly seem to be cheap to most people back in 1966.
Two bob a pint, 10 pence today!
Old money is ridiculously complicated
That's because you were not born and raised using the old money. If you were already an adult before 1971 you won't find the old money as complicated. The only reason why the government changed it is because Harold Wilson thought UK would finally be admitted to the ECC (now called EU) if it changes its money to decimal system. The LSD (pounds, shillings and pence) system was often described as "the real money" after decimalisation ruined the pound sterling in 1971. Back in the days, one shilling was worth 12 pence but on February 15, 1971 one shilling became 5 pence only.
@@friendly1999ph Maybe but I still don't believe a system of 1/12/20 is simpler than base 10
@@DJEdSaunders
@CM1 Soundsystem By the way, it's £1=20 shillings, 1 shilling=12 pence. So, it's 1=20=240 not 1/12/20. For more than a thousand years, from the year 775 AD until 14-February 1971, England used the Carolingian monetary system. During those years, a Pound was worth 240 pence. This currency system continued until the formation of Great Britain (1700s) and United Kingdom (1800s).
1 Pound = 20 shillings
1 Shilling = 12 pence
A penny is further divided into half penny and one-fourth penny called farthing.
If the price of an item cost less than a shilling (pence only), it is written as 11d, 10d, 9d, 5¼d, etc. The letter "d" means "denarius". It is the Latin word for the standard silver coin introduced by the Romans.
If the price has both shillings and pence, it is written with slash (/) as separator. Example: 15 shillings and 6 pence is written as 15/6. If the price is exactly 15 shillings without pence, it is written as 15/-
If the price has pounds, shillings and pence, the separator can either be slash (/) or dash (-). Example: 2 pounds, 15 shillings and 6 pence is written as £2/15/6 or £2-15-6.
When adding prices, you should have memorised the 12 Times Table to be able to add prices.
For example, you bought 5 items in a supermarket:
Item#1 is 15/7
Item#2 is 16/8
Item#3 is 17/9
Item#4 is 18/10
Item#5 is 19/11
Total in shillings and pence: 88/9
Total in £sd: £4/8/9
By adding all the shillings and all the pence, you will get a total of 85 shillings and 45 pence.
To get the exact amount in shillings and pence, you need to think how many shillings are there in 45 pence. The answer is 3 shillings with a remainder of 9 pence.
Add 3 shillings to 85 shillings; you'll get a total of 88 shillings.
Therefore, the total amount you bought in the supermarket was 88 shillings and 9 pence (88/9) or 4 Pounds 8 shillings 9 pence (£4/8/9).
This is the reason why back in the days, British children were taught to memorise the 12 Times Table.
To make it simple, the old money of Britain was similar to the height of a person expressed in feet and inches. Examples: 5'7, 5'9, 5'11, 6'2. The amount in shillings is similar to the number of feet while the amount in pence is similar to the number of inches.
A lot of people born after 1971 (or not yet an adult in 1971) thought that the Pounds, Shillings and Pence was a very difficult system when it was still in use in Britain. Videos in youtube always give the impression that it was a very complicated system. Someone even made a comment that it would be very difficult to give change if you are selling an item worth £1/5/9 (1 Pound 5 shillings and 9 pence) and the customer gave you a £5 note. hahahahaha... His comment shows that he did not live during the pre-decimal era. In schools, children were taught the arithmetic of the Pounds, Shillings and Pence system but in reality people in Britain don't count money in Pounds in their everyday lives; they only count in shillings and pence. It should be noted that after World War-2, there were only 3 banknotes in Britain: 10-shilling note, £1 note (20 shillings) and £5 note (100 shillings). The £10 note (200 shillings) was only re-introduced in 1964 while the £20 note (400 shillings) was re-introduced in 1970. During the pre-decimal era, prices in street markets, stores, supermarkets, department stores and even petrol stations were expressed in shillings and pence only. At Harrods or Marks & Spencer, you would see the prices of items were 67/8, 45/6, 54/10, 49/11, etc. The "Pounds, Shillings and Pence" will only show on the cash register during check out. In street markets, there were no cash registers, sellers just count and compute for change in their heads or using a pen and paper. During that time, shilling was the de facto main unit of currency while the Pound was the de facto superunit. The Pound as the de jure main unit of currency was only expressed in prices of expensive products such as TVs, refrigerators, cars, etc., in real estate properties and in big business transactions especially in international trade and commerce. If an item only costs 1 Pound 5 shillings and 9 pence, it would be written as 25/9 instead of £1/5/9. If the customer gave a £5 note which is equivalent to 100 shillings, the customer's change is obviously 74/3. The seller would then give the customer three £1 notes (60 shillings), one 10-shilling note, two florin coins (4 shillings) and a 3-pence coin. For the sake of that guy's curiosity on how to compute for the change if the price of an item is expressed in Pounds Shillings and Pence, here's how it works:
When it comes to giving or receiving a change, you only need to remember 20 and 12. There are 20 shillings in a Pound and there are 12 pence in a shilling.
If the price of an item costs 1 Pound and 5 shillings (£1/5/-) and the money given by the customer was £5, round-up £1 (1 becomes 2) and then subtract it from £5 (5-2=3). Subtract 5/- from 20/- (20-5=15). Therefore, the customer's change is 3 Pounds and 15 shillings (£3/15/-)
If the price of an item costs 1 Pound 5 shillings and 9 pence (£1/5/9) and the money given by the customer was £5, round-up both £1 (1 becomes 2) and 5/- (5 becomes 6). Subtract £2 from £5 (5-2=3) and subtract 6/- from 20/- (20-6=14). Subtract 9 pence from 12 pence (12-9=3). Therefore, the customer's change is 3 Pounds 14 shillings and 3 pence (£3/14/3)
From a currency similar to feet and inches (like a person's height) to a currency based on 10s and 100s. This is the reason why a lot of people in Britain find it hard to adjust when decimalisation was implemented in 1971 plus the fact that the decimalisation format used by the British government was flawed. From a very flexible denomination of 240 pence to a Pound, the British government chose a cramped 100 "new pence" to a Pound. On 15-February 1971, the shilling was devalued to 5 "new pence" (no longer 12) so that one Pound would be equivalent to 100 "new pence". Among former British colonies that transitioned to decimal currency, Ghana is the best. Ghana's decimal currency called Cedi (₵) is equivalent to 8 shillings and 4 pence (8/4) or 100 pence. Therefore, all the old pence are equally convertible to the new decimal currency. No need to worry about adjustment of prices; only the name of the currency and its denomination will change. 8/4 is ₵1.00 which means one Ghanaian Pound is equal to two Cedis and 40 pesewa (£1=₵2.40). In 1970, Bermuda Islands followed Ghana's decimalisation format. One Bermudian Pound is equal to two Bermudian Dollars and 40 cents (£1=$2.40). When South Africa decimalised the South African Pound, it converted 10 shillings (120 pence) to the new currency called Rand. 120 pence were converted to 100 cents. A little adjustment needs to be made when it comes to pricing and balancing bank accounts because 1.20 pence shall be equivalent to 1 cent. One South African Pound is equal to two South African Rands (£1=R2.00). South Africa's format of decimalisation from Pounds to the new decimalised currency was followed by Australia, New Zealand and Nigeria. Britain did the worst decimalisation format. Britain converted 20 shillings (240 pence) to 100 pence. Inflation was the result. The government of Prime Minister Harold Wilson was too afraid to lose the Pound as Britain's currency that's why he followed the advice of the Bank of England to retain the Pound. BOE and Harold Wilson did not follow the format of Ghana's new decimalised currency based on 8/4 (100 pence) nor South Africa's version of decimalised currency based on 10/- (120 pence converted to 100 cents). Instead, Britain decimalised the Pound by shrinking its value from 240 pence to 100 pence only. Some people in Britain even thought that the value of their money/income has diminished because in every shilling they spend (5 new pence) they were ripped off by the government for 7 pence. Devaluing the shilling from 12 pence to 5 pence was not a joke especially during the time when prices were still cheap. The ill-conceived decimalisation of the Pound in 1971 was one of the "ingredients" of the economic disaster of Britain during the turbulent decade of the 1970s. It may not be the main reason but it contributed to the economic crisis during that time. Maybe it's true that 10 is simpler than 12 or the decimal currency system is simpler than imperial currency system but the transition of Britain to decimal currency system in 1971 was NOT simple.
@@DJEdSaunders
But how much was a stick of Blackpool rock? Let's get our priorities right🏴 High Scully, stand in on Nationwide And presenter of Antiques Road Show.
Are there hos at Westward Ho? Be a plus in my travel guide 😆
Probably plenty of Holiday Hos
Blackpool is still exactly the same - except for the prices.
Blackpool ain't the same as it was in the 60s. It still had something back then. It's not even the same place it was in the 90s when it was on life support.
It's got plenty of hijab wearing Muslim women parading on the prom with their owners/husbands supervising.
Full of chavs now.
Better time better country
Personally I am glad to live in 2022 despite everything.
Looks pretty boring
It was possible to get a few days B+B free if the landlady was up for a bit. They were usually widowed or single, you had to be well hung to get away with it.
No chance for me then
Did you ask up front?
I guess you wernt around back then, because back then people had standards
A very young Hugh Skully
Any body wondering 1 bob is a shilling
I'm 39 and myself and loads of my mates still call 10p 2 bob and 50p ten bob. Started as a piss take when we were young as our grandfather's used those terms and just stuck with us.
Wtf is a shilling?
@@onlyme219 a shilling is 5p in todays money (formerly commonly called a ‘bob’).
@@onlyme219 "Wtf" you think Google is for?
@@onlyme219 British people fondly called the shilling as "bob". Half crown means 2 shillings and 6 pence (2/6); this was also mentioned in this video.
For more than a thousand years, from the year 775 AD until 14-February 1971, England used the Carolingian monetary system. During those years, a Pound was worth 240 pence. This currency system continued until the formation of Great Britain (1700s) and United Kingdom (1800s).
1 Pound = 20 shillings
1 Shilling = 12 pence
A penny is further divided into half penny and one-fourth penny called farthing.
If the price of an item cost less than a shilling (pence only), it is written as 11d, 10d, 9d, 5¼d, etc. The letter "d" means "denarius". It is the Latin word for the standard silver coin introduced by the Romans.
If the price has both shillings and pence, it is written with slash (/) as separator. Example: 15 shillings and 6 pence is written as 15/6. If the price is exactly 15 shillings without pence, it is written as 15/-
If the price has pounds, shillings and pence, the separator can either be slash (/) or dash (-). Example: 2 pounds, 15 shillings and 6 pence is written as £2/15/6 or £2-15-6.
When adding prices, you should have memorised the 12 Times Table to be able to add prices.
For example, you bought 5 items in a supermarket:
Item#1 is 15/7
Item#2 is 16/8
Item#3 is 17/9
Item#4 is 18/10
Item#5 is 19/11
Total in shillings and pence: 88/9
Total in £sd: £4/8/9
By adding all the shillings and all the pence, you will get a total of 85 shillings and 45 pence.
To get the exact amount in shillings and pence, you need to think how many shillings are there in 45 pence. The answer is 3 shillings with a remainder of 9 pence.
Add 3 shillings to 85 shillings; you'll get a total of 88 shillings.
Therefore, the total amount you bought in the supermarket was 88 shillings and 9 pence (88/9) or 4 Pounds 8 shillings 9 pence (£4/8/9).
This is the reason why back in the days, British children were taught to memorise the 12 Times Table.
To make it simple, the old money of Britain was similar to the height of a person expressed in feet and inches. Examples: 5'7, 5'9, 5'11, 6'2. The amount in shillings is similar to the number of feet while the amount in pence is similar to the number of inches.
A lot of people born after 1971 (or not yet an adult in 1971) thought that the Pounds, Shillings and Pence was a very difficult system when it was still in use in Britain. Videos in youtube always give the impression that it was a very complicated system. Someone even made a comment that it would be very difficult to give change if you are selling an item worth £1/5/9 (1 Pound 5 shillings and 9 pence) and the customer gave you a £5 note. hahahahaha... His comment shows that he did not live during the pre-decimal era. In schools, children were taught the arithmetic of the Pounds, Shillings and Pence system but in reality people in Britain don't count money in Pounds in their everyday lives; they only count in shillings and pence. It should be noted that after World War-2, there were only 3 banknotes in Britain: 10-shilling note, £1 note (20 shillings) and £5 note (100 shillings). The £10 note (200 shillings) was only re-introduced in 1964 while the £20 note (400 shillings) was re-introduced in 1970. During the pre-decimal era, prices in street markets, stores, supermarkets, department stores and even petrol stations were expressed in shillings and pence only. At Harrods or Marks & Spencer, you would see the prices of items were 67/8, 45/6, 54/10, 49/11, etc. The "Pounds, Shillings and Pence" will only show on the cash register during check out. In street markets, there were no cash registers, sellers just count and compute for change in their heads or using a pen and paper. During that time, shilling was the de facto main unit of currency while the Pound was the de facto superunit. The Pound as the de jure main unit of currency was only expressed in prices of expensive products such as TVs, refrigerators, cars, etc., in real estate properties and in big business transactions especially in international trade and commerce. If an item only costs 1 Pound 5 shillings and 9 pence, it would be written as 25/9 instead of £1/5/9. If the customer gave a £5 note which is equivalent to 100 shillings, the customer's change is obviously 74/3. The seller would then give the customer three £1 notes (60 shillings), one 10-shilling note, two florin coins (4 shillings) and a 3-pence coin. For the sake of that guy's curiosity on how to compute for the change if the price of an item is expressed in Pounds Shillings and Pence, here's how it works:
When it comes to giving or receiving a change, you only need to remember 20 and 12. There are 20 shillings in a Pound and there are 12 pence in a shilling.
If the price of an item costs 1 Pound and 5 shillings (£1/5/-) and the money given by the customer was £5, round-up £1 (1 becomes 2) and then subtract it from £5 (5-2=3). Subtract 5/- from 20/- (20-5=15). Therefore, the customer's change is 3 Pounds and 15 shillings (£3/15/-)
If the price of an item costs 1 Pound 5 shillings and 9 pence (£1/5/9) and the money given by the customer was £5, round-up both £1 (1 becomes 2) and 5/- (5 becomes 6). Subtract £2 from £5 (5-2=3) and subtract 6/- from 20/- (20-6=14). Subtract 9 pence from 12 pence (12-9=3). Therefore, the customer's change is 3 Pounds 14 shillings and 3 pence (£3/14/3)
From a currency similar to feet and inches (like a person's height) to a currency based on 10s and 100s. This is the reason why a lot of people in Britain find it hard to adjust when decimalisation was implemented in 1971 plus the fact that the decimalisation format used by the British government was flawed. From a very flexible denomination of 240 pence to a Pound, the British government chose a cramped 100 "new pence" to a Pound. On 15-February 1971, the shilling was devalued to 5 "new pence" (no longer 12) so that one Pound would be equivalent to 100 "new pence". Among former British colonies that transitioned to decimal currency, Ghana is the best. Ghana's decimal currency called Cedi (₵) is equivalent to 8 shillings and 4 pence (8/4) or 100 pence. Therefore, all the old pence are equally convertible to the new decimal currency. No need to worry about adjustment of prices; only the name of the currency and its denomination will change. 8/4 is ₵1.00 which means one Ghanaian Pound is equal to two Cedis and 40 pesewa (£1=₵2.40). In 1970, Bermuda Islands followed Ghana's decimalisation format. One Bermudian Pound is equal to two Bermudian Dollars and 40 cents (£1=$2.40). When South Africa decimalised the South African Pound, it converted 10 shillings (120 pence) to the new currency called Rand. 120 pence were converted to 100 cents. A little adjustment needs to be made when it comes to pricing and balancing bank accounts because 1.20 pence shall be equivalent to 1 cent. One South African Pound is equal to two South African Rands (£1=R2.00). South Africa's format of decimalisation from Pounds to the new decimalised currency was followed by Australia, New Zealand and Nigeria. Britain did the worst decimalisation format. Britain converted 20 shillings (240 pence) to 100 pence. Inflation was the result. The government of Prime Minister Harold Wilson was too afraid to lose the Pound as Britain's currency that's why he followed the advice of the Bank of England to retain the Pound. BOE and Harold Wilson did not follow the format of Ghana's new decimalised currency based on 8/4 (100 pence) nor South Africa's version of decimalised currency based on 10/- (120 pence converted to 100 cents). Instead, Britain decimalised the Pound by shrinking its value from 240 pence to 100 pence only. Some people in Britain even thought that the value of their money/income has diminished because in every shilling they spend (5 new pence) they were ripped off by the government for 7 pence. Devaluing the shilling from 12 pence to 5 pence was not a joke especially during the time when prices were still cheap. The ill-conceived decimalisation of the Pound in 1971 was one of the "ingredients" of the economic disaster of Britain during the turbulent decade of the 1970s. It may not be the main reason but it contributed to the economic crisis during that time. Maybe it's true that 10 is simpler than 12 or the decimal currency system is simpler than imperial currency system but the transition of Britain to decimal currency system in 1971 was NOT simple.
Where's the roller coaster at Great Yarmouth?
Thank goodness for decimalisation old money was too complicated
I agree of course. Its amusing to read this comment just after coming from another video on this channel, which had featured interviews with the general public who largely held the complete opposite point of view in regards to decimalisation and their fears about complexity.
Still getting used to it myself 🤣
Not if you were brought up with it it wasn't.
@@seansmith445 Only joking, I remember spending the last of my old coins on sweets on the last day they were accepted by shops.
That's because you were not born and raised using the old money. If you were already an adult before 1971 you won't find the old money as complicated. The only reason why the government changed it is because Harold Wilson thought UK would finally be admitted to the ECC (now called EU) if it changes its money to decimal system. The LSD (pounds, shillings and pence) system was often described as "the real money" after decimalisation ruined the pound sterling in 1971. Back in the days, one shilling was worth 12 pence but on February 15, 1971 one shilling became 5 pence only.
For more than a thousand years, from the year 775 AD until 14-February 1971, England used the Carolingian monetary system. During those years, a Pound was worth 240 pence. This currency system continued until the formation of Great Britain (1700s) and United Kingdom (1800s).
1 Pound = 20 shillings
1 Shilling = 12 pence
A penny is further divided into half penny and one-fourth penny called farthing.
If the price of an item cost less than a shilling (pence only), it is written as 11d, 10d, 9d, 5¼d, etc. The letter "d" means "denarius". It is the Latin word for the standard silver coin introduced by the Romans.
If the price has both shillings and pence, it is written with slash (/) as separator. Example: 15 shillings and 6 pence is written as 15/6. If the price is exactly 15 shillings without pence, it is written as 15/-
If the price has pounds, shillings and pence, the separator can either be slash (/) or dash (-). Example: 2 pounds, 15 shillings and 6 pence is written as £2/15/6 or £2-15-6.
When adding prices, you should have memorised the 12 Times Table to be able to add prices.
For example, you bought 5 items in a supermarket:
Item#1 is 15/7
Item#2 is 16/8
Item#3 is 17/9
Item#4 is 18/10
Item#5 is 19/11
Total in shillings and pence: 88/9
Total in £sd: £4/8/9
By adding all the shillings and all the pence, you will get a total of 85 shillings and 45 pence.
To get the exact amount in shillings and pence, you need to think how many shillings are there in 45 pence. The answer is 3 shillings with a remainder of 9 pence.
Add 3 shillings to 85 shillings; you'll get a total of 88 shillings.
Therefore, the total amount you bought in the supermarket was 88 shillings and 9 pence (88/9) or 4 Pounds 8 shillings 9 pence (£4/8/9).
This is the reason why back in the days, British children were taught to memorise the 12 Times Table.
To make it simple, the old money of Britain was similar to the height of a person expressed in feet and inches. Examples: 5'7, 5'9, 5'11, 6'2. The amount in shillings is similar to the number of feet while the amount in pence is similar to the number of inches.
A lot of people born after 1971 (or not yet an adult in 1971) thought that the Pounds, Shillings and Pence was a very difficult system when it was still in use in Britain. Videos in youtube always give the impression that it was a very complicated system. Someone even made a comment that it would be very difficult to give change if you are selling an item worth £1/5/9 (1 Pound 5 shillings and 9 pence) and the customer gave you a £5 note. hahahahaha... His comment shows that he did not live during the pre-decimal era. In schools, children were taught the arithmetic of the Pounds, Shillings and Pence system but in reality people in Britain don't count money in Pounds in their everyday lives; they only count in shillings and pence. It should be noted that after World War-2, there were only 3 banknotes in Britain: 10-shilling note, £1 note (20 shillings) and £5 note (100 shillings). The £10 note (200 shillings) was only re-introduced in 1964 while the £20 note (400 shillings) was re-introduced in 1970. During the pre-decimal era, prices in street markets, stores, supermarkets, department stores and even petrol stations were expressed in shillings and pence only. At Harrods or Marks & Spencer, you would see the prices of items were 67/8, 45/6, 54/10, 49/11, etc. The "Pounds, Shillings and Pence" will only show on the cash register during check out. In street markets, there were no cash registers, sellers just count and compute for change in their heads or using a pen and paper. During that time, shilling was the de facto main unit of currency while the Pound was the de facto superunit. The Pound as the de jure main unit of currency was only expressed in prices of expensive products such as TVs, refrigerators, cars, etc., in real estate properties and in big business transactions especially in international trade and commerce. If an item only costs 1 Pound 5 shillings and 9 pence, it would be written as 25/9 instead of £1/5/9. If the customer gave a £5 note which is equivalent to 100 shillings, the customer's change is obviously 74/3. The seller would then give the customer three £1 notes (60 shillings), one 10-shilling note, two florin coins (4 shillings) and a 3-pence coin. For the sake of that guy's curiosity on how to compute for the change if the price of an item is expressed in Pounds Shillings and Pence, here's how it works:
When it comes to giving or receiving a change, you only need to remember 20 and 12. There are 20 shillings in a Pound and there are 12 pence in a shilling.
If the price of an item costs 1 Pound and 5 shillings (£1/5/-) and the money given by the customer was £5, round-up £1 (1 becomes 2) and then subtract it from £5 (5-2=3). Subtract 5/- from 20/- (20-5=15). Therefore, the customer's change is 3 Pounds and 15 shillings (£3/15/-)
If the price of an item costs 1 Pound 5 shillings and 9 pence (£1/5/9) and the money given by the customer was £5, round-up both £1 (1 becomes 2) and 5/- (5 becomes 6). Subtract £2 from £5 (5-2=3) and subtract 6/- from 20/- (20-6=14). Subtract 9 pence from 12 pence (12-9=3). Therefore, the customer's change is 3 Pounds 14 shillings and 3 pence (£3/14/3)
From a currency similar to feet and inches (like a person's height) to a currency based on 10s and 100s. This is the reason why a lot of people in Britain find it hard to adjust when decimalisation was implemented in 1971 plus the fact that the decimalisation format used by the British government was flawed. From a very flexible denomination of 240 pence to a Pound, the British government chose a cramped 100 "new pence" to a Pound. On 15-February 1971, the shilling was devalued to 5 "new pence" (no longer 12) so that one Pound would be equivalent to 100 "new pence". Among former British colonies that transitioned to decimal currency, Ghana is the best. Ghana's decimal currency called Cedi (₵) is equivalent to 8 shillings and 4 pence (8/4) or 100 pence. Therefore, all the old pence are equally convertible to the new decimal currency. No need to worry about adjustment of prices; only the name of the currency and its denomination will change. 8/4 is ₵1.00 which means one Ghanaian Pound is equal to two Cedis and 40 pesewa (£1=₵2.40). In 1970, Bermuda Islands followed Ghana's decimalisation format. One Bermudian Pound is equal to two Bermudian Dollars and 40 cents (£1=$2.40). When South Africa decimalised the South African Pound, it converted 10 shillings (120 pence) to the new currency called Rand. 120 pence were converted to 100 cents. A little adjustment needs to be made when it comes to pricing and balancing bank accounts because 1.20 pence shall be equivalent to 1 cent. One South African Pound is equal to two South African Rands (£1=R2.00). South Africa's format of decimalisation from Pounds to the new decimalised currency was followed by Australia, New Zealand and Nigeria. Britain did the worst decimalisation format. Britain converted 20 shillings (240 pence) to 100 pence. Inflation was the result. The government of Prime Minister Harold Wilson was too afraid to lose the Pound as Britain's currency that's why he followed the advice of the Bank of England to retain the Pound. BOE and Harold Wilson did not follow the format of Ghana's new decimalised currency based on 8/4 (100 pence) nor South Africa's version of decimalised currency based on 10/- (120 pence converted to 100 cents). Instead, Britain decimalised the Pound by shrinking its value from 240 pence to 100 pence only. Some people in Britain even thought that the value of their money/income has diminished because in every shilling they spend (5 new pence) they were ripped off by the government for 7 pence. Devaluing the shilling from 12 pence to 5 pence was not a joke especially during the time when prices were still cheap. The ill-conceived decimalisation of the Pound in 1971 was one of the "ingredients" of the economic disaster of Britain during the turbulent decade of the 1970s. It may not be the main reason but it contributed to the economic crisis during that time. Maybe it's true that 10 is simpler than 12 or the decimal currency system is simpler than imperial currency system but the transition of Britain to decimal currency system in 1971 was NOT simple.
This episode is very currency focused, can someone please decipher it for an aussie struggling to make head or tails of it.
are you asking about old UK currency?
@TJ Marx For more than a thousand years, from the year 775 AD until 14-February 1971, England used the Carolingian monetary system. During those years, a Pound was worth 240 pence. This currency system continued until the formation of Great Britain (1700s) and United Kingdom (1800s).
1 Pound = 20 shillings
1 Shilling = 12 pence
A penny is further divided into half penny and one-fourth penny called farthing.
If the price of an item cost less than a shilling (pence only), it is written as 11d, 10d, 9d, 5¼d, etc. The letter "d" means "denarius". It is the Latin word for the standard silver coin introduced by the Romans.
If the price has both shillings and pence, it is written with slash (/) as separator. Example: 15 shillings and 6 pence is written as 15/6. If the price is exactly 15 shillings without pence, it is written as 15/-
If the price has pounds, shillings and pence, the separator can either be slash (/) or dash (-). Example: 2 pounds, 15 shillings and 6 pence is written as £2/15/6 or £2-15-6.
When adding prices, you should have memorised the 12 Times Table to be able to add prices.
For example, you bought 5 items in a supermarket:
Item#1 is 15/7
Item#2 is 16/8
Item#3 is 17/9
Item#4 is 18/10
Item#5 is 19/11
Total in shillings and pence: 88/9
Total in £sd: £4/8/9
By adding all the shillings and all the pence, you will get a total of 85 shillings and 45 pence.
To get the exact amount in shillings and pence, you need to think how many shillings are there in 45 pence. The answer is 3 shillings with a remainder of 9 pence.
Add 3 shillings to 85 shillings; you'll get a total of 88 shillings.
Therefore, the total amount you bought in the supermarket was 88 shillings and 9 pence (88/9) or 4 Pounds 8 shillings 9 pence (£4/8/9).
This is the reason why back in the days, British children were taught to memorise the 12 Times Table.
To make it simple, the old money of Britain was similar to the height of a person expressed in feet and inches. Examples: 5'7, 5'9, 5'11, 6'2. The amount in shillings is similar to the number of feet while the amount in pence is similar to the number of inches.
A lot of people born after 1971 (or not yet an adult in 1971) thought that the Pounds, Shillings and Pence was a very difficult system when it was still in use in Britain. Videos in youtube always give the impression that it was a very complicated system. Someone even made a comment that it would be very difficult to give change if you are selling an item worth £1/5/9 (1 Pound 5 shillings and 9 pence) and the customer gave you a £5 note. hahahahaha... His comment shows that he did not live during the pre-decimal era. In schools, children were taught the arithmetic of the Pounds, Shillings and Pence system but in reality people in Britain don't count money in Pounds in their everyday lives; they only count in shillings and pence. It should be noted that after World War-2, there were only 3 banknotes in Britain: 10-shilling note, £1 note (20 shillings) and £5 note (100 shillings). The £10 note (200 shillings) was only re-introduced in 1964 while the £20 note (400 shillings) was re-introduced in 1970. During the pre-decimal era, prices in street markets, stores, supermarkets, department stores and even petrol stations were expressed in shillings and pence only. At Harrods or Marks & Spencer, you would see the prices of items were 67/8, 45/6, 54/10, 49/11, etc. The "Pounds, Shillings and Pence" will only show on the cash register during check out. In street markets, there were no cash registers, sellers just count and compute for change in their heads or using a pen and paper. During that time, shilling was the de facto main unit of currency while the Pound was the de facto superunit. The Pound as the de jure main unit of currency was only expressed in prices of expensive products such as TVs, refrigerators, cars, etc., in real estate properties and in big business transactions especially in international trade and commerce. If an item only costs 1 Pound 5 shillings and 9 pence, it would be written as 25/9 instead of £1/5/9. If the customer gave a £5 note which is equivalent to 100 shillings, the customer's change is obviously 74/3. The seller would then give the customer three £1 notes (60 shillings), one 10-shilling note, two florin coins (4 shillings) and a 3-pence coin. For the sake of that guy's curiosity on how to compute for the change if the price of an item is expressed in Pounds Shillings and Pence, here's how it works:
When it comes to giving or receiving a change, you only need to remember 20 and 12. There are 20 shillings in a Pound and there are 12 pence in a shilling.
If the price of an item costs 1 Pound and 5 shillings (£1/5/-) and the money given by the customer was £5, round-up £1 (1 becomes 2) and then subtract it from £5 (5-2=3). Subtract 5/- from 20/- (20-5=15). Therefore, the customer's change is 3 Pounds and 15 shillings (£3/15/-)
If the price of an item costs 1 Pound 5 shillings and 9 pence (£1/5/9) and the money given by the customer was £5, round-up both £1 (1 becomes 2) and 5/- (5 becomes 6). Subtract £2 from £5 (5-2=3) and subtract 6/- from 20/- (20-6=14). Subtract 9 pence from 12 pence (12-9=3). Therefore, the customer's change is 3 Pounds 14 shillings and 3 pence (£3/14/3)
From a currency similar to feet and inches (like a person's height) to a currency based on 10s and 100s. This is the reason why a lot of people in Britain find it hard to adjust when decimalisation was implemented in 1971 plus the fact that the decimalisation format used by the British government was flawed. From a very flexible denomination of 240 pence to a Pound, the British government chose a cramped 100 "new pence" to a Pound. On 15-February 1971, the shilling was devalued to 5 "new pence" (no longer 12) so that one Pound would be equivalent to 100 "new pence". Among former British colonies that transitioned to decimal currency, Ghana is the best. Ghana's decimal currency called Cedi (₵) is equivalent to 8 shillings and 4 pence (8/4) or 100 pence. Therefore, all the old pence are equally convertible to the new decimal currency. No need to worry about adjustment of prices; only the name of the currency and its denomination will change. 8/4 is ₵1.00 which means one Ghanaian Pound is equal to two Cedis and 40 pesewa (£1=₵2.40). In 1970, Bermuda Islands followed Ghana's decimalisation format. One Bermudian Pound is equal to two Bermudian Dollars and 40 cents (£1=$2.40). When South Africa decimalised the South African Pound, it converted 10 shillings (120 pence) to the new currency called Rand. 120 pence were converted to 100 cents. A little adjustment needs to be made when it comes to pricing and balancing bank accounts because 1.20 pence shall be equivalent to 1 cent. One South African Pound is equal to two South African Rands (£1=R2.00). South Africa's format of decimalisation from Pounds to the new decimalised currency was followed by Australia, New Zealand and Nigeria. Britain did the worst decimalisation format. Britain converted 20 shillings (240 pence) to 100 pence. Inflation was the result. The government of Prime Minister Harold Wilson was too afraid to lose the Pound as Britain's currency that's why he followed the advice of the Bank of England to retain the Pound. BOE and Harold Wilson did not follow the format of Ghana's new decimalised currency based on 8/4 (100 pence) nor South Africa's version of decimalised currency based on 10/- (120 pence converted to 100 cents). Instead, Britain decimalised the Pound by shrinking its value from 240 pence to 100 pence only. Some people in Britain even thought that the value of their money/income has diminished because in every shilling they spend (5 new pence) they were ripped off by the government for 7 pence. Devaluing the shilling from 12 pence to 5 pence was not a joke especially during the time when prices were still cheap. The ill-conceived decimalisation of the Pound in 1971 was one of the "ingredients" of the economic disaster of Britain during the turbulent decade of the 1970s. It may not be the main reason but it contributed to the economic crisis during that time. Maybe it's true that 10 is simpler than 12 or the decimal currency system is simpler than imperial currency system but the transition of Britain to decimal currency system in 1971 was NOT simple.
@@friendly1999ph wow, thank you so much for this. Very appreciated.
well, until the mid 60s Australia had the same system ...12 pennies in a shilling and 20 shillings in a pound ......The difference is that when Australia decimalised at this time , it made £1 become $2 so a shilling became 10 cents ......When the uk decimalised in 1971 £1 remained £1 so a shilling became 5 pence
Didn't you use the same currency as us until 1966?
"Blackpool's not famous for making your money go a long way". So some things have changed.
I'm begging that guy to get some tweezers.
Mr monobrow 😂
Blackpool’s still not cheap. Was there just yesterday and one place was asking for £14.50 for two cheese and ham panini’s!
That’s with no chips or anything just the panini’s.
6pence for a moddest ICE CREAM 😂😂😂😂
Would be interesting to see all these prices converted to decimal, adjusted for inflation and then compared to current prices.
Well a number of sites show the shilling to be worth 25p in 2022.
@@mac7040 Not sure what that means given that the Shilling is 5p.
Where are the lap dancing bars?
That's what I think the bloke meant by "if you're not looking for surprises" 😉
Brexiteers will love this...None of this foreign muck.
You mean Eton boys like Rees-Mogg? Or Boris. Nahhhh they’d think it was common and would be on their second holiday (having skied over Easter of cottage)
That would still be far too expensive for a trip to Blackpool these days.
You might as well just toss those pennies in the dumpster. You'll get the same experience and save yourself some time.
You can get a prostitute for 10min in a disabled toilet including the price of the public toilet in Blackpool for £15, what do you mean by Blackpool is expensive?
4 shillings 8 pence for 2 pints…..that was a steal
Not really. When Decimal Currency was introduced in Feb 1971, the price of a pint of bitter in Manchester was 11 new pence (2s 2d in old money), so 2s 4d for a pint in 1966 Blackpool wasn't particularly cheap, in real terms.
This is a different language
Good luck booking a hotel today.
A copper or two for a quick gawp.
Also what a strange pronunciation of Pier View
The money back then is like another language. I have no idea what they are saying and I feel very embarrassed 😂
the old UK currency, you mean?
For more than a thousand years, from the year 775 AD until 14-February 1971, England used the Carolingian monetary system. During those years, a Pound was worth 240 pence. This currency system continued until the formation of Great Britain (1700s) and United Kingdom (1800s).
1 Pound = 20 shillings
1 Shilling = 12 pence
A penny is further divided into half penny and one-fourth penny called farthing.
If the price of an item cost less than a shilling (pence only), it is written as 11d, 10d, 9d, 5¼d, etc. The letter "d" means "denarius". It is the Latin word for the standard silver coin introduced by the Romans.
If the price has both shillings and pence, it is written with slash (/) as separator. Example: 15 shillings and 6 pence is written as 15/6. If the price is exactly 15 shillings without pence, it is written as 15/-
If the price has pounds, shillings and pence, the separator can either be slash (/) or dash (-). Example: 2 pounds, 15 shillings and 6 pence is written as £2/15/6 or £2-15-6.
When adding prices, you should have memorised the 12 Times Table to be able to add prices.
For example, you bought 5 items in a supermarket:
Item#1 is 15/7
Item#2 is 16/8
Item#3 is 17/9
Item#4 is 18/10
Item#5 is 19/11
Total in shillings and pence: 88/9
Total in £sd: £4/8/9
By adding all the shillings and all the pence, you will get a total of 85 shillings and 45 pence.
To get the exact amount in shillings and pence, you need to think how many shillings are there in 45 pence. The answer is 3 shillings with a remainder of 9 pence.
Add 3 shillings to 85 shillings; you'll get a total of 88 shillings.
Therefore, the total amount you bought in the supermarket was 88 shillings and 9 pence (88/9) or 4 Pounds 8 shillings 9 pence (£4/8/9).
This is the reason why back in the days, British children were taught to memorise the 12 Times Table.
To make it simple, the old money of Britain was similar to the height of a person expressed in feet and inches. Examples: 5'7, 5'9, 5'11, 6'2. The amount in shillings is similar to the number of feet while the amount in pence is similar to the number of inches.
A lot of people born after 1971 (or not yet an adult in 1971) thought that the Pounds, Shillings and Pence was a very difficult system when it was still in use in Britain. Videos in youtube always give the impression that it was a very complicated system. Someone even made a comment that it would be very difficult to give change if you are selling an item worth £1/5/9 (1 Pound 5 shillings and 9 pence) and the customer gave you a £5 note. hahahahaha... His comment shows that he did not live during the pre-decimal era. In schools, children were taught the arithmetic of the Pounds, Shillings and Pence system but in reality people in Britain don't count money in Pounds in their everyday lives; they only count in shillings and pence. It should be noted that after World War-2, there were only 3 banknotes in Britain: 10-shilling note, £1 note (20 shillings) and £5 note (100 shillings). The £10 note (200 shillings) was only re-introduced in 1964 while the £20 note (400 shillings) was re-introduced in 1970. During the pre-decimal era, prices in street markets, stores, supermarkets, department stores and even petrol stations were expressed in shillings and pence only. At Harrods or Marks & Spencer, you would see the prices of items were 67/8, 45/6, 54/10, 49/11, etc. The "Pounds, Shillings and Pence" will only show on the cash register during check out. In street markets, there were no cash registers, sellers just count and compute for change in their heads or using a pen and paper. During that time, shilling was the de facto main unit of currency while the Pound was the de facto superunit. The Pound as the de jure main unit of currency was only expressed in prices of expensive products such as TVs, refrigerators, cars, etc., in real estate properties and in big business transactions especially in international trade and commerce. If an item only costs 1 Pound 5 shillings and 9 pence, it would be written as 25/9 instead of £1/5/9. If the customer gave a £5 note which is equivalent to 100 shillings, the customer's change is obviously 74/3. The seller would then give the customer three £1 notes (60 shillings), one 10-shilling note, two florin coins (4 shillings) and a 3-pence coin. For the sake of that guy's curiosity on how to compute for the change if the price of an item is expressed in Pounds Shillings and Pence, here's how it works:
When it comes to giving or receiving a change, you only need to remember 20 and 12. There are 20 shillings in a Pound and there are 12 pence in a shilling.
If the price of an item costs 1 Pound and 5 shillings (£1/5/-) and the money given by the customer was £5, round-up £1 (1 becomes 2) and then subtract it from £5 (5-2=3). Subtract 5/- from 20/- (20-5=15). Therefore, the customer's change is 3 Pounds and 15 shillings (£3/15/-)
If the price of an item costs 1 Pound 5 shillings and 9 pence (£1/5/9) and the money given by the customer was £5, round-up both £1 (1 becomes 2) and 5/- (5 becomes 6). Subtract £2 from £5 (5-2=3) and subtract 6/- from 20/- (20-6=14). Subtract 9 pence from 12 pence (12-9=3). Therefore, the customer's change is 3 Pounds 14 shillings and 3 pence (£3/14/3)
From a currency similar to feet and inches (like a person's height) to a currency based on 10s and 100s. This is the reason why a lot of people in Britain find it hard to adjust when decimalisation was implemented in 1971 plus the fact that the decimalisation format used by the British government was flawed. From a very flexible denomination of 240 pence to a Pound, the British government chose a cramped 100 "new pence" to a Pound. On 15-February 1971, the shilling was devalued to 5 "new pence" (no longer 12) so that one Pound would be equivalent to 100 "new pence". Among former British colonies that transitioned to decimal currency, Ghana is the best. Ghana's decimal currency called Cedi (₵) is equivalent to 8 shillings and 4 pence (8/4) or 100 pence. Therefore, all the old pence are equally convertible to the new decimal currency. No need to worry about adjustment of prices; only the name of the currency and its denomination will change. 8/4 is ₵1.00 which means one Ghanaian Pound is equal to two Cedis and 40 pesewa (£1=₵2.40). In 1970, Bermuda Islands followed Ghana's decimalisation format. One Bermudian Pound is equal to two Bermudian Dollars and 40 cents (£1=$2.40). When South Africa decimalised the South African Pound, it converted 10 shillings (120 pence) to the new currency called Rand. 120 pence were converted to 100 cents. A little adjustment needs to be made when it comes to pricing and balancing bank accounts because 1.20 pence shall be equivalent to 1 cent. One South African Pound is equal to two South African Rands (£1=R2.00). South Africa's format of decimalisation from Pounds to the new decimalised currency was followed by Australia, New Zealand and Nigeria. Britain did the worst decimalisation format. Britain converted 20 shillings (240 pence) to 100 pence. Inflation was the result. The government of Prime Minister Harold Wilson was too afraid to lose the Pound as Britain's currency that's why he followed the advice of the Bank of England to retain the Pound. BOE and Harold Wilson did not follow the format of Ghana's new decimalised currency based on 8/4 (100 pence) nor South Africa's version of decimalised currency based on 10/- (120 pence converted to 100 cents). Instead, Britain decimalised the Pound by shrinking its value from 240 pence to 100 pence only. Some people in Britain even thought that the value of their money/income has diminished because in every shilling they spend (5 new pence) they were ripped off by the government for 7 pence. Devaluing the shilling from 12 pence to 5 pence was not a joke especially during the time when prices were still cheap. The ill-conceived decimalisation of the Pound in 1971 was one of the "ingredients" of the economic disaster of Britain during the turbulent decade of the 1970s. It may not be the main reason but it contributed to the economic crisis during that time. Maybe it's true that 10 is simpler than 12 or the decimal currency system is simpler than imperial currency system but the transition of Britain to decimal currency system in 1971 was NOT simple.
Never heard of tuppence ha'penny?
@@ajs41 Or a thrupenny bit? And ha'pence change?
What's a Yarmouth bloater?
About 2 and 6 pence.
Posh Hotel 55 shillings [£2.55] a night...count me out matey
How depressing england is.
Now or then?
It is depressing now, compared to then, for sure. Took me right back watching this. It was a much happier place to live.
Hash 2 shillings a ounce... cocaine 5 shillings a quarter ounce.. acid 4 for a pound ... blues 20 for a quid .. the good old days ...
Lots of accidental Partridge going on here!
Particularly the first reporter. Hugh Scully sounded like Quentin Willson, I thought.
Twas where Partridge was born.
Haha! Yeah, some of it's a bit like the sequence where he describes his dress sense: Sports Casual, etc.
@@omarnour348he does sound like a 1960s Partridge haha!
Blimey old money was so confusing thanks fox for pounds and pence !
@limeyosu2000 For more than a thousand years, from the year 775 AD until 14-February 1971, England used the Carolingian monetary system. During those years, a Pound was worth 240 pence. This currency system continued until the formation of Great Britain (1700s) and United Kingdom (1800s).
1 Pound = 20 shillings
1 Shilling = 12 pence
A penny is further divided into half penny and one-fourth penny called farthing.
If the price of an item cost less than a shilling (pence only), it is written as 11d, 10d, 9d, 5¼d, etc. The letter "d" means "denarius". It is the Latin word for the standard silver coin introduced by the Romans.
If the price has both shillings and pence, it is written with slash (/) as separator. Example: 15 shillings and 6 pence is written as 15/6. If the price is exactly 15 shillings without pence, it is written as 15/-
If the price has pounds, shillings and pence, the separator can either be slash (/) or dash (-). Example: 2 pounds, 15 shillings and 6 pence is written as £2/15/6 or £2-15-6.
When adding prices, you should have memorised the 12 Times Table to be able to add prices.
For example, you bought 5 items in a supermarket:
Item#1 is 15/7
Item#2 is 16/8
Item#3 is 17/9
Item#4 is 18/10
Item#5 is 19/11
Total in shillings and pence: 88/9
Total in £sd: £4/8/9
By adding all the shillings and all the pence, you will get a total of 85 shillings and 45 pence.
To get the exact amount in shillings and pence, you need to think how many shillings are there in 45 pence. The answer is 3 shillings with a remainder of 9 pence.
Add 3 shillings to 85 shillings; you'll get a total of 88 shillings.
Therefore, the total amount you bought in the supermarket was 88 shillings and 9 pence (88/9) or 4 Pounds 8 shillings 9 pence (£4/8/9).
This is the reason why back in the days, British children were taught to memorise the 12 Times Table.
To make it simple, the old money of Britain was similar to the height of a person expressed in feet and inches. Examples: 5'7, 5'9, 5'11, 6'2. The amount in shillings is similar to the number of feet while the amount in pence is similar to the number of inches.
A lot of people born after 1971 (or not yet an adult in 1971) thought that the Pounds, Shillings and Pence was a very difficult system when it was still in use in Britain. Videos in youtube always give the impression that it was a very complicated system. Someone even made a comment that it would be very difficult to give change if you are selling an item worth £1/5/9 (1 Pound 5 shillings and 9 pence) and the customer gave you a £5 note. hahahahaha... His comment shows that he did not live during the pre-decimal era. In schools, children were taught the arithmetic of the Pounds, Shillings and Pence system but in reality people in Britain don't count money in Pounds in their everyday lives; they only count in shillings and pence. It should be noted that after World War-2, there were only 3 banknotes in Britain: 10-shilling note, £1 note (20 shillings) and £5 note (100 shillings). The £10 note (200 shillings) was only re-introduced in 1964 while the £20 note (400 shillings) was re-introduced in 1970. During the pre-decimal era, prices in street markets, stores, supermarkets, department stores and even petrol stations were expressed in shillings and pence only. At Harrods or Marks & Spencer, you would see the prices of items were 67/8, 45/6, 54/10, 49/11, etc. The "Pounds, Shillings and Pence" will only show on the cash register during check out. In street markets, there were no cash registers, sellers just count and compute for change in their heads or using a pen and paper. During that time, shilling was the de facto main unit of currency while the Pound was the de facto superunit. The Pound as the de jure main unit of currency was only expressed in prices of expensive products such as TVs, refrigerators, cars, etc., in real estate properties and in big business transactions especially in international trade and commerce. If an item only costs 1 Pound 5 shillings and 9 pence, it would be written as 25/9 instead of £1/5/9. If the customer gave a £5 note which is equivalent to 100 shillings, the customer's change is obviously 74/3. The seller would then give the customer three £1 notes (60 shillings), one 10-shilling note, two florin coins (4 shillings) and a 3-pence coin. For the sake of that guy's curiosity on how to compute for the change if the price of an item is expressed in Pounds Shillings and Pence, here's how it works:
When it comes to giving or receiving a change, you only need to remember 20 and 12. There are 20 shillings in a Pound and there are 12 pence in a shilling.
If the price of an item costs 1 Pound and 5 shillings (£1/5/-) and the money given by the customer was £5, round-up £1 (1 becomes 2) and then subtract it from £5 (5-2=3). Subtract 5/- from 20/- (20-5=15). Therefore, the customer's change is 3 Pounds and 15 shillings (£3/15/-)
If the price of an item costs 1 Pound 5 shillings and 9 pence (£1/5/9) and the money given by the customer was £5, round-up both £1 (1 becomes 2) and 5/- (5 becomes 6). Subtract £2 from £5 (5-2=3) and subtract 6/- from 20/- (20-6=14). Subtract 9 pence from 12 pence (12-9=3). Therefore, the customer's change is 3 Pounds 14 shillings and 3 pence (£3/14/3)
From a currency similar to feet and inches (like a person's height) to a currency based on 10s and 100s. This is the reason why a lot of people in Britain find it hard to adjust when decimalisation was implemented in 1971 plus the fact that the decimalisation format used by the British government was flawed. From a very flexible denomination of 240 pence to a Pound, the British government chose a cramped 100 "new pence" to a Pound. On 15-February 1971, the shilling was devalued to 5 "new pence" (no longer 12) so that one Pound would be equivalent to 100 "new pence". Among former British colonies that transitioned to decimal currency, Ghana is the best. Ghana's decimal currency called Cedi (₵) is equivalent to 8 shillings and 4 pence (8/4) or 100 pence. Therefore, all the old pence are equally convertible to the new decimal currency. No need to worry about adjustment of prices; only the name of the currency and its denomination will change. 8/4 is ₵1.00 which means one Ghanaian Pound is equal to two Cedis and 40 pesewa (£1=₵2.40). In 1970, Bermuda Islands followed Ghana's decimalisation format. One Bermudian Pound is equal to two Bermudian Dollars and 40 cents (£1=$2.40). When South Africa decimalised the South African Pound, it converted 10 shillings (120 pence) to the new currency called Rand. 120 pence were converted to 100 cents. A little adjustment needs to be made when it comes to pricing and balancing bank accounts because 1.20 pence shall be equivalent to 1 cent. One South African Pound is equal to two South African Rands (£1=R2.00). South Africa's format of decimalisation from Pounds to the new decimalised currency was followed by Australia, New Zealand and Nigeria. Britain did the worst decimalisation format. Britain converted 20 shillings (240 pence) to 100 pence. Inflation was the result. The government of Prime Minister Harold Wilson was too afraid to lose the Pound as Britain's currency that's why he followed the advice of the Bank of England to retain the Pound. BOE and Harold Wilson did not follow the format of Ghana's new decimalised currency based on 8/4 (100 pence) nor South Africa's version of decimalised currency based on 10/- (120 pence converted to 100 cents). Instead, Britain decimalised the Pound by shrinking its value from 240 pence to 100 pence only. Some people in Britain even thought that the value of their money/income has diminished because in every shilling they spend (5 new pence) they were ripped off by the government for 7 pence. Devaluing the shilling from 12 pence to 5 pence was not a joke especially during the time when prices were still cheap. The ill-conceived decimalisation of the Pound in 1971 was one of the "ingredients" of the economic disaster of Britain during the turbulent decade of the 1970s. It may not be the main reason but it contributed to the economic crisis during that time. Maybe it's true that 10 is simpler than 12 or the decimal currency system is simpler than imperial currency system but the transition of Britain to decimal currency system in 1971 was NOT simple.
Can someone explain the money 😂
The pound at the time didn’t become decimal (like the US) until 1971. Before that, a pound was divided into shillings (nicknamed ‘bob’ and [old] pence, known as the £sd/ lsd coinage. 12 pence made a shilling and 20 shillings made a pound.
Thank gosh we went decimal, because the old system was arcane to the point of lunacy.
@@christga100 WAAAA-AAAA-AAAY before my time, thankfully.
Not really. We just had to count in twelves instead of tens, i.e. twelve pennies in a shilling, twenty-four pennies in two shillings, and so on until twenty shillings in a pound, therefore two hundred and forty pennies in a pound. All this with no calculators or computers. The old system was much better for the brain. No one could catch out my old nan with her change. She had it worked out, to the last ha'penny, before the shop assistant did.
@@christga100 Or 11/11d, which was eleven shillings and eleven pence, one penny short of 12 bob. School dinners, a two-course meal at lunchtime, were ten bob a week.
I was told it worked perfectly fine.
@@seansmith445 And it did, too. As well as keeping the brain working. There, I've had my two pennyworth.
24p for 2 pints of beer....reasonable
Fifty bob - two pound fifty?
Full of boat people now.
Hardly.
Now £1.05 is better.
I live in Torbay and 50 bob would buy you today 2024 Hmmm, a 45p cheap loaf from the coop or a two litre lemonade from Lydl, yep that's about it oh, a 30p wee in the new toilets.
Antiques Roadshow's Hugh Scully in the 3rd part trying to look cool in shades .. takes them off & ruins the look with his mono-brow
🐢 turtle neck.
Wow ! Blackpool was Crap ! ( even then, before I was born )
Only 25 shillings? Must have been only for the rich because back then the average person was earning about 10-20 shillings a week
the average salary during the 1960s was £18 per week.
25 bob for bit o dinner?!! Ee lad ye were robbed, I tell thee!! 25 shillings is about 50 quid in today's money
Haha. All those rich people flashing their fivers around.
This was the last time blackpool was worth seeing . And i blame the landlady's for the death of Blackpool. They were chargeing the earth with none of the value. It killed blackpool . Greedy women thst got rich selling a bad holiday to the poor people of the uk . Spain at the time you vould go for a month and live and eat like a king . With. New hotels and guaranteed weather .
Were was all the druggies and anti social behaviour society is sadly in demise
I mean drug culture was definitely about in the sixties so i guess look for mods, rockers and hippies? I mean those groups never did anythingggg anti social (laughs Brighton in 64).
@@whyquestionanythingchannel6976 I was 18 in 1966 trust me you can not compare 66 to now society is broken respect was high then crime was low
What a boring business ....even back in the day. Just dull.
Depends what you're comparing it with.
The BBC was just as judgemental back then I see
Is it possible to not be judgemental?
The financial specifics herein should seriously puzzle the post-decimalisation people and it won't be too long before the ranting racists appear. e.g.: "I remember when England was for the English only and you didn't see no black faces and you could leave your front door open all day long and there weren't no muggers and everybody always stood up for God Save the Queen... etc etc" This type of video seems to attract them likes flies to rotting meat.
It really does, but they aren't wrong about the degeneration of these towns. They just need someone to blame and refuse to take their share of the responsibility for it.
This is a country of individuals who have been brainwashed by their awful "education" system and media to never stand up for themselves or speak up when they are being screwed over and sold out. I moved here from California when I was 6 and could immediately tell the difference. They train this country's children to truly believe that it is about being polite, which is why few people here ever say anything if they have a problem. They just stay passive and hope someone else will do something about it.
Sri Lankan''s just kicked off, occupied and removed their leadership for impropriety. What did we do when our politicians got caught robbing us???
NOTHING!
If that same thing had happened here a century prior, they would have stormed Downing Street, erected the gallows and hung 'em all on the day the news broke!
Sorry about going off a litte there, but it sickens me to see people be so passive when they should be enraged.
But now at least they can blame it on immigration.