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£14,000,000 A DAY

Cost Of War To Britain

(8.0.W.) RUGBY, October 21. The cost to Britain of the first five years of the war up to September 2, 1944, was £23,893,000,000. The Financial Secretary to the Treasury, Mr R. Assheton, announced this in the House of Commons today after the Chancellor of the Exchequer, Sir John Anderson, had asked for a supplementary vote of a credit of £1,250,000,000 for war expenditure. Sir John Anderson said that the vote of £1,000,000,000 granted last July would be exhausted, it was estimated, in the first week in November and he was asking for a further vote to provide the war expenditure for the next two months. He was asking for £1,250,000,000 instead of £1,000,000,000 to avoid the possibility of the smaller sum becoming exhausted during the Christmas recess.

During the last few months the average cost of the war was nearly £14,000,000 a day.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19441023.2.51

Bibliographic details

Southland Times, Issue 25501, 23 October 1944, Page 5

Word Count
151

£14,000,000 A DAY Southland Times, Issue 25501, 23 October 1944, Page 5

£14,000,000 A DAY Southland Times, Issue 25501, 23 October 1944, Page 5

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