Economy: Alan Walters diary (budget) [speech went well; talks with Howe][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:	105
Themes:	Employment, Monetary policy, Economic, monetary & political union

Tuesday 17th November 1981

Speech went well

B/E big boot - 14½ 14 offer down to 13 - opened disc [discount] window at 15

GH [Sir Geoffrey Howe] - said £M3 has still primacy, but not very much

- warmer towards M3 and to EMS [European Monetary System] than he should

- Mansion House speech - did not mention M3.

Tommy Thomson s Lunch - talked about causes of unemployment. Halstead chairman of Beechams good chap and solid Thatcherite - some more protectionists.

8.00 Bill Poeton s for dinner with the Sowers

Very tired.