Economy: Alan Walters diary [TRRL racket; worried about gilts][released 2012]

Document type:	Declassified documents
Source:	Walters MSS (Churchill Archives Centre): WTRS3/1/2
Editorial comments:	Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking:	Major
Word count:	123
Themes:	Monetary policy, Pay

Thursday 25th March 1982

Memo supporting application of retention and recruitment and criteria in fixing A/F pay.

Saw David Howell about TRRL [Transport & Road Research Laboratory?] racket: he did not know about it but acknowledged that tricks were being employed to keep the staff up (as he experienced at Harwell Atomic Egy)

Wrote to Peter Middleton about the IG [Indexed Gilts] Issue last Friday and the general problem of conversion as inflation comes down

- I am very worried

Wrote critique of Darby + Lothian paper on Thatcherism

Saw Esra - he does not really know anything about the Chenery appt. [replacement for retiring Vice President of World Bank, Hollis Chenery?]

Jim Lawrence of Bain + Co - talk at Leeds Castle