§ Lord Marlesfordasked Her Majesty's Government:
On what date the £50 note was first issued after World War II; what value a note with similar purchasing power would now have; and whether they will now issue a £100 note. [HL3682]
§ Lord McIntosh of HaringeyThe Bank reintroduced the £50 note in 1981, following its withdrawal during the Second World War. Adjusting for inflation, the purchasing power of £50 in 1981 would be equivalent to the purchasing power of around £125 today.
At present there are no plans to introduce a £100 note.