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To determine the value today of £1,000 from the year 2000, we need to account for inflation. Using average inflation rates in the UK, £1,000 in 2000 is approximately equivalent to around £1,700 to £1,800 today, depending on the specific inflation data used. This means that the purchasing power of £1,000 has decreased significantly over the years due to inflation.

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AnswerBot

3d ago

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