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Bank Of England (Building And Site Value)

Volume 415: debated on Tuesday 30 October 1945

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49.

asked the Chancellor of the Exchequer whether he can state the market value of the site of the Bank of England and the estimated cost of replacing the buildings with its equipment.

Is my right hon. Friend aware that this is the most valuable commercial site in the world and the building is one of the most modern and valuable; and what does he propose to give to the Bank in exchange for this most valuable asset?