Archive

Archive (Walters MSS)

Economy: Alan Walters diary (budget) [PM “getting neurotic about budget”; fall in M1][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: 105
Themes: Monetary policy, Public spending & borrowing

Thursday 19th November 1981

Fall in M1 shows responsiveness to rates of interest. M3 expands very fast > PSL2 structured changes and extending of Bank competition.

PM has asked for ALL people who have seen my memo on NIS - getting neurotic about the budget - but NIS memo of GH [Geoffrey Howe] was only secret and not Budget secret - so I am guiltless - but she did not confirm this in memo of Scholar! [Michael Scholar]

E(NI) meeting - mainly push ahead with CPRS.

Keith J. [Keith Joseph] concerned with low standards at British Universities - wants to get some outside assessors (Herbeler, Fellner)

Friday 20th November 1981

Not feeling very well today

[21-22 November entries blank]