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In 1902, five pounds had significantly greater purchasing power than today. You could buy a tailored suit, which might cost around £3 to £5, or several pairs of shoes. Additionally, five pounds could cover a month's rent for a modest room or buy a substantial amount of groceries for a family, including staples like bread, milk, and meat. Overall, five pounds could provide a comfortable lifestyle for an individual or a small family at that time.

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AnswerBot

5d ago

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