Economy: Alan Walters diary (Public expenditure) [cabinet meeting on public expenditure; PM "very worried about unemployment"][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. (See separate notes on meeting)
Importance ranking:	Major
Word count:	132
Themes:	Monetary policy

Thursday 15th July 1982

Cabinet on Public Exp. - Willie [William Whitelaw] needed friends so he waited till end and then pro Chancellor Speech [probably a reference to Michael Fagan breaking in to The Queen’s bedroom at Buckingham Palace on 9 July 1982]

Hailsham also said that in the last 18 months he thought our policy was succeeding.

(- see separate notes on meeting)

- good meeting, much better than last year when Chancellor was savaged by Nott

PS [Private Secretary] Lunch - Clive [Clive Whitmore] announced he was leaving for Defence - all genuinely sad

Question Time entirely on ASLEF

PM very worried about unemployment

- seasonally adjusted figures of < + 13,000

- but crude about 3,130,000

- censure debate within a week or two?

Richard Haas - just visiting

Economy: Alan Walters diary (Public expenditure) [cabinet meeting on public expenditure; PM “very worried about unemployment”][released 2012]

Thursday 15th July 1982