Tuesday 6th January 1981
Pesky press at airport. P [Paddie Walters] looked lovely.
Saw MT at 10:00. All affable and unflappable. What should she do about Geoffrey [Sir Geoffrey Howe] ? Who could she promote. No-one. Said come and see me whenever you like. I discussed program - MBC [Monetary Base Control] was important - but I thought monetary policy had worked, if anything, too well.