HC Deb 08 December 1943 vol 395 cc982-3W
Sir S. Reed

asked the Chancellor of the Exchequer whether he has any statement to make about the amount of the fiduciary note issue?

Sir J. Anderson

Yes, Sir. The Treasury acting under the power conferred by Section 8 of the Currency and Bank Notes Act, 1928, as subsequently amended, have authorised an increase in the amount of the fiduciary note issue by £50,000,000 to £1,100,000,000 as from 7th December, 1943. The Treasury Minute will be laid before Parliament.