HC Deb 25 July 1957 vol 574 cc581-2
33. Mr. Shepherd

asked the Chancellor of the Exchequer what further criticisms he has received in respect of the design of the new £5 note; and what steps he now intends to take in this matter.

Mr. Powell

None, Sir.

Mr. Shepherd

Is my hon. Friend really satisfied with this note, which looks like a cross between stage money and the £1 Scottish bank note, and will he really do something to ensure that these designs are submitted to the Council of Industrial Design before they are launched on an unsuspecting public?

Mr. Powell

The design was considered very carefully before it was introduced, and the bulk of the information reaching my right hon. Friend is that the new note is proving popular.

Mr. Steele

Is the Financial Secretary aware that the staffs in shops and other places in Scotland are very much concerned about this £5 note, because it is so like the Scottish £1 note that there is great danger of giving one away in change for another £5 note?

Mr. Bowles

Is the Financial Secretary aware that it has been reported in the Press during the last week that a bank in Ireland paid out £1,000 instead of £200 because it had mistakenly used £5 notes instead of £1 notes?