Economy: Alan Walters diary (budget) [Brittan agrees to get off M3 and give ER some role][released 2012]

Document type:	Declassified documents
Source:	Walters MSS (Churchill Archives Centre): WTRS 3/1/1
Editorial comments:	Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking:	Major
Word count:	61
Themes:	Monetary policy, Public spending & borrowing

Friday 6th November 1981

Sam Brittan for lunch - MTFS [Medium Term Financial Strategy] - he agreed to get off M3 and give the ER [exchange rate] some role.

Layard and Thomas to dinner - arguments about nuclear deterrence. Thomas hawkish as I am.

Layard says Jenkins is a splendid chairman of SDP council - when he speaks it means next item.

[7-8 November entries blank]