what would 120 pounds sterling in 1902 be worth in 2013?

To determine the value of £120 from 1902 in 2013, we can use historical inflation rates. Generally, £120 in 1902 is estimated to be equivalent to around £12,000 to £13,000 in 2013, reflecting the significant changes in the purchasing power of money over that period. This rough estimate highlights the impact of inflation and changes in the economy over more than a century. For a precise calculation, specific inflation indices would need to be applied.