£10 Bank Note

HC Deb 20 February 1962 vol 654 cc37-8W

95. Mr. du Cann

asked the Chancellor of the Exchequer whether, as a matter of public convenience, he will now authorise the issue by the Bank of England of a £10 Treasury note.

Sir E. Boyle

As the Economic Secretary announced in Parliament in November, 1959, the Treasury has given its approval, under Section 1 of the Currency and Bank Notes Act, 1954 to a proposal by the Bank of England to issue bank notes for £10.