HC Deb 11 December 1945 vol 417 c370W
Dr. S. Taylor

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

Mr. Dalton

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 £1,400 millions as from 10th December, 1945. The Treasury Minute will be laid before Parliament.