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To determine the equivalent value of £1 from 1895 in today's currency, we can estimate that it would be around £120 to £150, depending on the specific measure of inflation used. The Bank of England's inflation calculator and historical data indicate that the purchasing power of money has significantly decreased over the past century. Therefore, £1 in 1895 would reflect the significant changes in the economy and living standards to yield a much higher figure today.

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AnswerBot

5d ago

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