Economy: Alan Walters diary (budget) [deep dissent in Chancellor’s funding meeting][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: | 92 |
| Themes: | Monetary policy |
Tuesday 15th June 1982
Back to London - miss E at 10.45 on YTC - but Ferdy went
Tim Congdon
Chancellors meeting on Overfunding, Deep dissent
- Meeting with Bank tomorrow
Interest Rate Mtg with Bank/Treasury
Agreed to go down by ½% point - Bank reluctant, finding “technical” reasons for slow growth of M1 M0 etc.
- Memo to PM