HC Deb 02 December 1953 vol 521 c144W
Lieut.-Colonel Lockwood

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 £50 million in the fiduciary note issue bringing the total of the issue up to £1,625 million. The Treasury Minute will be laid before Parliament.

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