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Archive (Walters MSS)

Economy: Alan Walters diary [Lunch with Pattie - mutual arms limitation with Russians][released 2012]

Document type: Declassified documents
Source: Walters MSS (Churchill Archives Centre): WTRS 3/1/2
Editorial comments: Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking: Major
Word count: 140
Themes: Monetary policy, Foreign policy (USSR & successor states)

Tuesday 30th November 1982

Interbank down from 10½ to 10¾ so removing threat to base rates

Prepared PM for nasty question driving a wedge

Phoned Paddie [Paddie Walters]

Lunch Geoffrey Pattie - flying (1) Stealth means that cruise is now a “ flock of birds&rdquo, so Trident should go (2) a 6 month halt to Cruise missiles and ask Russians to deliver a corresponding disarmament

- political advantages for Kohl as he approaches election

- really wants to be promoted to Trenchards job

Bomb in No.10 - Peter Taylor not hurt

[Danes cut ½% off interest rates]

Alfred Goldstein - proposing a minority report saying that the possible £ 480 mn + savings are not at all likely unless the mgt is changed which will only come from a drastic option

Dinner at H/C Geof Pattie [?as well as lunch?]