HC Deb 08 March 1944 vol 397 cc2075-6W
Sir I. Albery

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 millions to £1,150 millions as from 7th March, 1944. The Treasury Minute will be laid before Parliament.