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Searched for: 1981budgetkeydoc.

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PDF 79 May 4 Fr Declassified documents Major Archive (Bank of England) Monetary Policy: Bank of England letters (from Governor of the Bank of England to Chancellor of the Exchequer) [domestic monetary policy, exchange rate, etc.] [declassified 2010]
PDF 79 May 16 We Declassified documents Major Archive (Bank of England) Monetary Policy: Treasury record of conversation (Chancellor of the Exchequer & Governor of the Bank of England) [declassified 2010]
Text 79 Jun 12 Tu Declassified documents Key Hansard Economy: 1979 Budget (Howe 1)
PDF 79 Jun 24 Su Declassified documents Key Archive (TNA) Monetary policy: MT note to Chancellor of the Exchequer (press reports possible increase in mortgage rates) [“This MUST NOT happen” - if necessary cap by subsidy] [declassified 2009]
PDF 79 Jul 4 We Declassified documents Key Archive (TNA) Monetary policy: MT meeting with ministers (record of conversation) [mortgage rates - possible subsidy] [declassified 2009]
PDF 79 Aug 28 Tu Declassified documents Key Archive (TNA) Economy: Lawson minute to Howe ("Economic and Financial Situation Report") ["strong £ is the biggest thing we have going for us"] [declassified 2009]
Text 80 Mar 11 Tu Declassified documents Major Archive (Hoskyns MSS) Economy: Hoskyns diary (sterling) ["PM's growing concern over high £"; incomes policy in the air]
Text 80 Mar 26 We Declassified documents Key Hansard Economy: 1980 Budget (Howe 2)
PDF 80 Apr 24 Th Declassified documents Key Archive (Thatcher MSS) Economy: Sherman minute to MT ("Need for Better Economic Advice - in re Alan Walters") [Walters ready to return from US if made a reasonable offer] [released 2011]
PDF 80 May 16 Fr Declassified documents Major Archive (Bank of England) Monetary Policy: Bank of England record of conversation (Wass & Governor of the Bank of England) [Walters] [declassified 2011]
PDF 80 Jul 3 Th Declassified documents Major Archive (Bank of England) Monetary Policy: No. 10 record of conversation (PM, Chancellor of the Exchequer & Governor of the Bank of England) [MLR reduction] [declassified 2011]
PDF 80 Sep 3 We Declassified documents Major Archive (Bank of England) Monetary Policy: No.10 record of conversation (MT-Treasury-Bank of England) (shorter record) [MT attacks Bank handling of monetary policy] [declassified 2011]
PDF 80 Sep 8 Mo Declassified documents Major Archive (Bank of England) Monetary Policy: No. 10 record of conversation (PM, Chancellor of the Exchequer & Bank of England) [declassified 2011]
PDF 80 Sep 12 Fr Declassified documents Major Archive (TNA) Monetary policy: Wass minute to Howe (“Monetary and Fiscal Policy”) [urges contingency work for fiscal measures if September £M3 & CGBR figures bad] [released 2011]
PDF 80 Sep 17 We Declassified documents Major Archive (Ridley MSS) Economy: Cardona note (111th "Chancellor's Meeting") [inflow controls, monetary situation, PSBR, etc] [released 2011]
PDF 80 Sep 18 Th Declassified documents Major Archive (Bank of England) Monetary Policy: No. 10 record of conversation (PM, Chancellor of the Exchequer & Governor of the Bank of England) [inflow controls] [declassified 2011]
PDF 80 Sep 22 Mo Declassified documents Key Archive (TNA) Monetary policy: Treasury record of conversation (“Economic Strategy”) [Wass, Ryrie & Burns propose change of course] [released 2011]
PDF 80 Sep 22 Mo Declassified documents Major Archive (Bank of England) Monetary Policy: Dawkins minute (“Inflow controls”) [Treasury requesting plans “as quickly as possible” for inflow controls on gilts] [declassified 2011]
PDF 80 Sep 23 Tu Declassified documents Key Archive (Bank of England) Monetary Policy: Lavelle draft paper (“Inflow controls and other options for reducing the exchange rate”) [pros and cons] [declassified 2011]
PDF 80 Sep 24 We Declassified documents Major Archive (Bank of England) Monetary Policy: Treasury-Bank of England record of conversation (“Inflow controls”) [preparation of plans for ministers] [declassified 2011]
PDF 80 Sep 25 Th Declassified documents Key Archive (Bank of England) Monetary Policy: Bank of England record of conversation (Ryrie & McMahon) [Wass, Ryrie & Burns urge public sector pay freeze] [declassified 2011]
PDF 80 Sep 28 Su Declassified documents Key Archive (Bank of England) Monetary Policy: Lawson minute to Chancellor ("Reducing the exchange rate: inflow controls & other options") [inflow controls offering cover] [declassified 2011]
PDF 80 Sep 30 Tu Declassified documents Major Archive (TNA) Monetary Policy: No. 10 record of conversation (MBC economists visit MT) [Brunner, Meltzer, Monti, Pierce, Schiltknecht, Dudler] [declassified 2011]
PDF 80 Oct 11 Sa Declassified documents Major Archive (Bank of England) Monetary Policy: Treasury record of conversation (Chancellor of the Exchequer & Governor of the Bank of England) [declassified 2011]
PDF 80 Oct 13 Mo Declassified documents Key Archive (TNA) Monetary Policy: No. 10 record of conversation (Monetary Policy Seminar) [system of monetary control; debate over future monetary policy] [declassified 2011]
PDF 80 Oct 21 Tu Declassified documents Key Archive (TNA) Monetary policy: Wass minute to Couzens (“The Exchange Rate”) [Wass called to No.10 for talk with MT] [released 2011]
PDF 80 Oct 21 Tu Declassified documents Key Archive (Bank of England) Monetary Policy: McMahon minute for Governor (“The Roll-over and policy generally: tomorrow’s meeting with the Chancellor”) [“the exchange rate now cries out for action”] [declassified 2011]
PDF 80 Oct 24 Fr Declassified documents Key Archive (TNA) Monetary policy: Treasury record of conversation among officials (“The Exchange Rate: Contingency Planning”) [“possibilities for action if the exchange rate continued to move upward”] [released 2011]
PDF 80 Oct 27 Mo Declassified documents Key Archive (Bank of England) Monetary Policy: McMahon minute for Governor (“Policy and the exchange rate”) [“The level of the exchange rate is now clearly intolerable ”] [declassified 2011]
PDF 80 Nov 6 Th Declassified documents Major Archive (Bank of England) Monetary Policy: Treasury record of conversation (Chancellor of the Exchequer & Governor of the Bank of England) [“Monetary Affairs”] [declassified 2011]
PDF 80 Nov 7 Fr Declassified documents Major Archive (TNA) Economy: Wass paper for Howe-MT ("Policy Options") ["ways of mitigating the adverse conditions in which British industry is operating"] [released 2011]
PDF 80 Nov 12 We Declassified documents Major Archive (TNA) Economy: No.10 record of conversation (MT, Howe, Wass) [considers Wass's "Policy Options" paper] [released 2011]
Text 80 Nov 12 We Declassified documents Major Archive (Hoskyns MSS) Monetary policy: Hoskyns diary (discussion of Wass’s “Policy Options” paper) [most MT would accept was 2 per cent MLR cut - Wass "quite dubious" about it unless tough public spending measures too]
PDF 80 Nov 13 Th Declassified documents Major Archive (TNA) Economy: Adam Ridley minute for Howe (comments on Wass "Policy Options") [backs early reduction in MLR] [released 2011]
PDF 80 Nov 14 Fr Declassified documents Major Archive (Bank of England) Monetary Policy: Nendick minute (“Contigency plans for inflow controls”) [advanced state of readiness; proof of notices] [declassified 2011]
PDF 80 Nov 14 Fr Declassified documents Major Archive (Bank of England) Monetary Policy: Treasury record of conversation (Chancellor of the Exchequer & Governor of the Bank of England) ["Monetary Control: the November Statement"] [declassified 2011]
PDF 80 Nov 18 Tu Declassified documents Major Archive (TNA) Monetary policy: No.10 record of conversation (MT, Howe, Richardson, Wass, et al) [Monetary Seminar] [released 2011]
PDF 80 Nov 19 We Declassified documents Key Archive (TNA) Monetary policy: Treasury minute to No.10 ("The financial effects of a 2 point cut in MLR") [markets getting ready to accept - medium-term will depend on budget] [released 2011]
PDF 80 Nov 20 Th Declassified documents Key Archive (Bank of England) Monetary Policy: Treasury record of conversation (Chancellor of the Exchequer & Governor of the Bank of England) [declassified 2011]
PDF 80 Dec 1 Mo Declassified documents Major Archive (Thatcher MSS) Economy: Ingham letter to DoI Press Officer (Keith Joseph comment on “the lost year”) [MT agrees but does not say so in public] [released 2011]
Text 81 Jan 6 Tu Declassified documents Key Archive (Walters MSS) Economy: Alan Walters diary (first meetings with MT as economic adviser) ["What should she do about Geoffrey? Who could she promote. No one"] [released 2012]
Text 81 Jan 7 We Declassified documents Major Archive (Walters MSS) Economy: Alan Walters diary (Niehans seminar) [Walters opposes foreign exchange intervention to bring down sterling] [released 2012]
PDF 81 Jan 7 We Declassified documents Major Archive (Walters MSS) Monetary Policy: Niehans report (“The Appreciation of Sterling - Causes, Effects, Policies”) [”a problem of, and for, monetary policy”; Walters’s copy] [published 1981]
Text 81 Jan 7 We Declassified documents Major Archive (Hoskyns MSS) Economy: Hoskyns diary (Niehans seminar) [monetary base over-squeezed - urges saying £ should not rise above $2.15]
Text 81 Jan 8 Th Declassified documents Key Archive (Walters MSS) Economy: Alan Walters diary (meeting with MT) [MT on Niehans: "no one must know about it"] [released 2012]
Text 81 Jan 9 Fr Declassified documents Major Archive (Hoskyns MSS) Monetary policy: Hoskyns diary (with MT at Chequers) [MT thought it would be "fatal error" to admit monetary policy too tight]
PDF 81 Jan 14 We Press Major Archive (Bank of England) Economic policy: Dow minute for Governor (Wass meeting) ["despairing worry at the developing recession and the growing unemployment ... kickback if civil servants started to try to tell Ministers about politics"] [declassified 2011]
Text 81 Jan 17 Sa Declassified documents Key Archive (Hoskyns MSS) Monetary policy: Hoskyns diary (Chequers meeting) [discussion of “PSBR crisis”]
PDF 81 Jan 21 We Declassified documents Major Archive (TNA) Budget: Monck minute for Chancellor ("Meeting with the Governor on Thursday 22 January") [16 Jan meeting agreed fiscal tightening in the budget] [declassified 2011]
PDF 81 Jan 30 Fr Declassified documents Key Archive (TNA) Budget: Sir Keith Joseph letter to Chancellor of the Exchequer ("The 1981 Budget") [urges £1b "industrial package" & direct action to reduce sterling 5-10 per cent] [declassified 2011]

Documents lie at the core of this website, each one dated and sorted chronologically (by default) in search results. Most are images in PDF format of original paper documents scanned or filmed for the site. There also transcripts of speeches and interviews, press articles, photos, videos, and more. The document database contains tens of thousands of items and permits complex searching.

Files are multi-page PDFs from which most of the documents on the site are selected. All of Mrs Thatcher’s official files from No.10 are available in full on this site (paper copies are stored at the National Archives in the series PREM19), as well as most of those of Geoffrey Howe and Nigel Lawson as Chancellor (stored at TNA as series T639 and T640).

Guides are articles about key events and topics. Many were written to accompany annual releases of Mrs Thatcher’s private and party papers at the Churchill Archive Centre in Cambridge.

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