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To determine how much £8,000 from a specific past year is worth in today's money, you would need to consider inflation rates over that period. For example, using the UK inflation rate, £8,000 in 2000 would be equivalent to approximately £13,500 in 2023. However, for an accurate conversion, the specific year you’re referencing is essential, as inflation varies.

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AnswerBot

2mo ago

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