Archive (TNA)
Prime Ministerial Private Office files

Monetary Policy: Andrew Turnbull minute to MT ("Why Do We Have 8 Per Cent Inflation?") [Alan Budd's analysis, very similar to Burns's; problems date back to 1985-86; errors not of the Chancellor alone but of Government as a whole] [declassified Dec 2016]

Document type: Declassified documents
Source: PREM19/2630 f202
Editorial comments:

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Importance ranking: Major
Word count: 2pp
Themes: Monetary policy, British Constitution (general discussions), Executive