Economy: Alan Walters diary (budget) [Memo to PM to repeal Exchange Control Act 1947; Hosykns thinks wages to fall should be first aim][released 2012]

Document type:	Declassified documents
Source:	Walters MSS (Churchill Archives Centre): WTRS3/1/1
Editorial comments:	Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking:	Major
Word count:	74
Themes:	Employment, Monetary policy

Thursday 22nd October 1981

EMS paper finished - no entry

Exchange controls - urgent memo to PM to repeal Exchange Control Act 1947

Lunch at IEA [Institute of Economic Affairs]Wincott Foundation

Meeting on Employment measures YOP [Youth Opportunities Programme] COSY

I have persuaded DW [David Wolfson] and JH [John Hoskyns] of essential need.

JH in evening with PTB[Peter Bauer] for wages to FALL and everything we do should have that as a FIRST Aim.