§ Mr. Peytonasked the Chancellor of the Exchequer what consultations he had with the Bank of England prior to the issue of the new £5 note.
§ Mr. P. ThorneycroftThe issue of notes of £5 denomination was approved by the Treasury under the terms of the Currency and Bank Notes Act, 1954. The Bank of England are responsible for the size and design of their notes; but it is their practice to keep in touch on this subject with Treasury Ministers, who were consequently fully informed throughout the preparatory stages of the new £5 note.