Milk three pence per pint.
He goes from house to house on his motorbike, buying lumps of ice for 25 francs (three pence) each.
But its only tax power is to vary the basic rate of income tax set by Westminster upwards or downwards by three pence in the pound.
Tesco and Asda have cut up to three pence a litre off fuel prices, bringing relief to drivers after several months of price hikes.
After the Napoleonic Wars this tax rose as high as three pence per pound; soap-boiling pans were fitted with lids that could be locked every night by the tax collector in order to prevent production under cover of darkness.
Its powers of taxation are limited: it can vary the rate of income tax, up or down, by three pence in the pound, and it can change local property taxes for businesses (rates).
(The kids are always surprised to discover that, by eliminating duties on tea in England and lowering the import tax to just three pence, the Tea Act actually reduced the price of tea in the colonies).
He estimates that every extra dollar of housing collateral now translates into six or seven cents a year of extra consumer spending, compared with only three pence in the pound in Britain.Institutional differences may explain the gap.
