HC Deb 29 July 1953 vol 518 c171W
Mr. Shepherd

asked the Chancellor of the Exchequer whether he will make a statement about the fiduciary note issue.

Mr. R. A. Butler

Yes. To provide for the usual seasonal increase in the demand for notes, the Treasury have authorised an increase of £25 million in the fiduciary note issue, bringing the total of the issue up to £1,625 million. The Treasury Minute is being laid before Parliament.