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Note Issue (Profits)

Volume 389: debated on Tuesday 4 May 1943

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asked the Financial Secretary to the Treasury what was the amount of profit on Bank of England notes available for the Treasury under Section 6 of the Currency and Bank Notes Act, 1928, in each of the last three financial years?

The net profits of the note issue paid over to the Treasury in the last three years were as follow:

Year ended£s.d.
31st March, 19418,892,64846
31st March, 19427,637,03163
31st March, 19439,070,697147