HC Deb 12 February 1942 vol 377 c1583
44. Captain W. T. Shaw

asked the Chancellor of the Exchequer what is the amount of commission paid to banks on the issue of war bonds since the declaration of war; and the amount of commission paid to banks on dollar and sterling stocks requisitioned during the same period?

Sir K. Wood

Commission paid to banks since the outbreak of war on all forms of War Loan (including National Savings Certificates and 3 per cent. Defence Bonds) amounts to £1,358,000 of which commission on the three series of 2½ per cent. National War Bonds amounts to £740,000. These figures relate to subscriptions of £m.1,180 and £m.592 respectively. The total commission paid in respect of the requisitioning of dollar and sterling securities amounts to £405,000 but I am afraid that it is not possible without a disproportionate amount of labour to say how much of this was paid to banks and how much to stockbrokers.