HC Deb 06 December 1944 vol 406 c564W
Lieutenant-Colonel Wickham

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 £1,250,000,000 as from 4th December, 1944. The Treasury Minute will be laid before Parliament.