The Prime Minister has said that her Chancellor, Mr Major, has made a good start in tackling inflation. Speaking in Cardiff, Mrs Thatcher told our reporter Gail Foley that she wasn't disappointed that the latest figures didn't show a drop in inflation…
Thatcher Act
We're doing everything we can to get inflation down. We just have to remember that it is lower than it was under previous governments so that, that's something.
Q
Do you think, perhaps, that Mr Major's been a little over-optimistic?
Thatcher Act
No, I think Mr Major's got it absolutely right. I think he gave a very measured statement and it was very well received.