HC Deb 02 August 1944 vol 402 c1416W
Mr. Eccles

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 £1,200,000,000 as from 1st August, 1944. The Treasury Minute will be laid before Parliament.