Economy: Alan Walters diary (budget) [Middleton says pound strong][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: | Elections & electoral system, General Elections, Monetary policy |
Wednesday 16th December 1981
Middleton - says £ stronger and interest rates moving down - he agrees to write memo to C/E
Sebag lunch and Michael Boyd Carpenter rather depressed by election chances.
Wass and B/E (George, McMahon) - Bank want to stop auction system - argue that it depresses the prices - Wass seemed persuaded but we offered one more auction.
Graham Hutton for dinner