£14,000,000 A DAY
BRITAIN’S WAR EXPENDITURE RUGBY, Oct. 20.
The cost to Britain of the first five years of war, up to September, 1944, was £23,893,000,000. The Financial Secretary to the Treasury, Mr R. Assheton, announced this in the House of Commons to-day after the Chancellor had asked for a supplementary vote of credit of £1,250,000,000 for war expenditure. Sir John Anderson said the vote of £1,000,000,000 granted last July would be exhausted in the first week in November, and he was asking a further vote to provide war expenditure for the next two months. He was asking £1,250.000 000 instead of £I.OOO 000.000 to avoid the possibility of the smaller sum becoming exhausted during the Christmas recess. During the last few months the average expenditure was nearly £14,000,000 a day.
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Bibliographic details
Otago Daily Times, Issue 25673, 23 October 1944, Page 6
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131£14,000,000 A DAY Otago Daily Times, Issue 25673, 23 October 1944, Page 6
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