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Searched for: 1981budgetkeydoc.

Showing items 51 - 98 of 98.

PDF 81 Jan 30 Fr Declassified documents Major Archive (TNA) Budget: Monck minute for Middleton ("MLR Reduction") [November cut not well received by gilt market] [declassified 2011]
PDF 81 Feb 2 Mo Declassified documents Key Archive (TNA) Monetary policy: Lawson minute for Chancellor ("The Money Supply Target") [separate monetary & fiscal targets perhaps better than £M3] [declassified 2011]
PDF 81 Feb 2 Mo Declassified documents Major Archive (TNA) Budget: Middleton minute for Chancellor ("Minimum Lending Rate") ["very risky" to cut before budget] [declassified 2011]
PDF 81 Feb 2 Mo Declassified documents Major Archive (TNA) Budget: Ryrie minute for Chancellor ("Minimum Lending Rate") [exchange rate should be an influence whatever the public stance] [declassified 2011]
PDF 81 Feb 10 Tu Declassified documents Major Archive (TNA) Budget: Middleton minute for Chancellor ("Minimum Lending Rate") [opposes cut before budget] [declassified 2011]
PDF 81 Feb 11 We Declassified documents Major Archive (TNA) Budget: Lawson minute for Chancellor ("Minimum Lending Rate") [strongly opposes cut before budget] [declassified 2011]
PDF 81 Feb 11 We Declassified documents Major Archive (TNA) Monetary policy: No.10 minute (MT meeting with Paul Volcker, chairman Federal Reserve) [prospects of the Reagan Administration; monetary control, etc] [declassified 2011]
PDF 81 Feb 12 Th Declassified documents Major Archive (TNA) Budget: Middleton minute for Chancellor (interest rates & the exchange rate) [difficulty of bringing exchange rate into the reckoning] [declassified 2011]
PDF 81 Feb 13 Fr Declassified documents Major Archive (TNA) Budget: No.10 minute for MT (briefing for meeting with Chancellor, Wass, etc) [Lankester thinks £10 PSBR maximum consistent with falling interest rates] [declassified 2011]
PDF 81 Feb 13 Fr Declassified documents Key Archive (TNA) Budget: No.10 minute (MT meeting with Chancellor, Wass, etc) [Howe thinks PSBR below £11b not "politically possible"] [declassified 2011]
PDF 81 Feb 13 Fr Declassified documents Major Archive (TNA) Monetary policy: Treasury minute (Chancellor meeting with senior officials) ["Monetary Affairs"] [declassified 2011]
PDF 81 Feb 13 Fr Declassified documents Major Archive (TNA) Monetary policy: Couzens minute for Chancellor ("The Exchange Rate: Ministerial Briefing") [wary of Howe circulating a paper to colleagues on sterling] [declassified 2011]
PDF 81 Feb 13 Fr Declassified documents Major Archive (TNA) Monetary policy: Lawson minute for Chancellor (interest rate & the exchange rate) [gear interest rates to M0 without explicit link to exchange rate] [declassified 2011]
Text 81 Feb 13 Fr Declassified documents Key Archive (Hoskyns MSS) Economy: Hoskyns diary (budget discussion) [MT & Howe rejecting draconian budget as "not on politically"]
PDF 81 Feb 15 Su Declassified documents Major Archive (TNA) Monetary policy: Wiggins minute for Middleton ("Monetary Targets & Monetary Control") [suggestions following Friday evening meeting] [declassified 2011]
PDF 81 Feb 16 Mo Declassified documents Major Archive (TNA) Monetary policy: Couzens minute for Chancellor ("Measures to reduce the exchange rate") [inflow controls examined at Howe's request; intervention in foreign exchange markets] [declassified 2011]
PDF 81 Feb 16 Mo Declassified documents Major Archive (TNA) Monetary policy: Lawson minute for Chancellor ("Implications of lower interest rates for the forecast") ["less gloomy" than officials] [declassified 2011]
PDF 81 Feb 17 Tu Declassified documents Key Archive (TNA) Budget: No.10 minute (meeting with Chancellor) [Howe now wants to raise basic rate in order to increase allowances; MT agrees] [declassified 2011]
PDF 81 Feb 17 Tu Declassified documents Major Archive (TNA) Monetary policy: Treasury minute for No.10 ("Interest Rates") [for MT's meeting tomorrow] [declassified 2011]
PDF 81 Feb 18 We Declassified documents Major Archive (TNA) Budget: No.10 minute (PM-Chancellor-Governor meeting) [decision not to cut MLR before budget] [declassified 2011]
PDF 81 Feb 19 Th Declassified documents Major Archive (TNA) Monetary policy: Treasury minute (Chancellor meeting with senior officials) ["Monetary Targets & Monetary Control"] [declassified 2011]
PDF 81 Feb 20 Fr Declassified documents Key Archive (TNA) Budget: Walters, Hoskyns & Wolfson minute to MT ("Budget Strategy") [necessity of a tough budget] [declassified 2011]
PDF 81 Feb 23 Mo Declassified documents Major Archive (TNA) Budget: Chancellor of the Exchequer minute to MT ("The Budget") [outline of budget decisions to date] [declassified 2011]
Text 81 Feb 23 Mo Declassified documents Key Archive (Walters MSS) Economy: Alan Walters diary (MT meeting with Howe & Wass) [“PM told GH he must get the PSBR down or ‘you are for the chop’”] [released 2012]
PDF 81 Feb 24 Tu Declassified documents Key Archive (TNA) Budget: No.10 minute (meeting with Chancellor & Wass) [MT 'dismayed' at £11.25b PSBR, but accepted Howe rejection of increased basic rate] [declassified 2011]
Text 81 Feb 24 Tu Declassified documents Major Archive (Walters MSS) Economy: Alan Walters diary (budget) [“GH is thinking about it - but all very secret’”] [released 2012]
PDF 81 Feb 25 We Declassified documents Key Archive (TNA) Budget: Treasury minute (Chancellor's meeting with ministers & officials) [decisions to freeze income tax & CTT thresholds, reducing PSBR by further £1b] [declassified 2011]
PDF 81 Feb 25 We Declassified documents Key Archive (TNA) Budget: No.10 minute (meeting with Chancellor) [Howe reports decision to freeze thresholds & reduce PSBR below £11b] [declassified 2011]
PDF 81 Feb 25 We Declassified documents Major Archive (TNA) Budget: Walters minute to Chancellor (lunch at Union Discount) [directors think a "really satisfactory" PSBR consistent with falling rates would be "about £7b"] [declassified 2011]
Text 81 Feb 25 We Declassified documents Major Archive (Walters MSS) Economy: Alan Walters diary (budget) [Howe reducing PSBR to level MT wanted by freezing personal allowances] [released 2012]
Text 81 Feb 26 Th Declassified documents Major Archive (Walters MSS) Economy: Alan Walters diary (budget discussions) [“Terry Burns wanted me to agree to -2 MLR ... MT very annoyed at [Wolfson]”] [released 2012]
PDF 81 Feb 26 Th Declassified documents Key Archive (TNA) Budget: Walters letter to Sir Douglas Wass (disappointment at budget measures) [budget proposals "too little and of the wrong kind"; maximum 1 per cent MLR cut] [declassified 2011]
PDF 81 Feb 27 Fr Declassified documents Key Archive (TNA) Monetary policy: Middleton minute to Chancellor (“MLR in the Budget”) [urges 2 point cut “to give a proper balance”] [released 2011]
Text 81 Feb 27 Fr Declassified documents Major Archive (Walters MSS) Economy: Alan Walters diary (budget discussions) [“Middleton finding it very difficult”] [released 2012]
PDF 81 Mar 2 Mo Declassified documents Key Archive (TNA) Monetary policy: Lawson minute to Chancellor (“MLR in the Budget”) [agrees with Middleton, 2 point cut “needed to give a proper balance to the Budget”] [released 2011]
PDF 81 Mar 2 Mo Declassified documents Key Archive (TNA) Monetary policy: Ryrie minute to Chancellor (“MLR in the Budget”) [agrees with Middleton, 2 point cut. “There should be some tangible benefit apparently flowing from the harsh measures you are taking”] [released 2011]
PDF 81 Mar 2 Mo Declassified documents Key Archive (TNA) Monetary policy: Wass minute to Chancellor (“MLR in the Budget”) [“The case for considering 2 percent now is in my view largely political”, “not at all sure that a reduction of 2 percent is right or sensible”; but finally backs it] [released 2011]
PDF 81 Mar 3 Tu Declassified documents Major Archive (TNA) Monetary policy: Riley minute to Middleton (“MLR in the Budget”) [forecast points to a LESS than 2 point cut in the budget; case for larger cut “presentational and political”] [released 2011]
PDF 81 Mar 5 Th Declassified documents Major Archive (TNA) Monetary policy: Middleton minute to Wass (“Budget Speech: Section G6 on MLR”) [redrafts to satisfy Bank of England] [released 2011]
PDF 81 Mar 6 Fr Declassified documents Major Archive (TNA) Budget: No.10 minute (meeting with Chancellor, Governor & Wass) [decision to reduce MLR by 2 per cent on budget day] [declassified 2011]
Text 81 Mar 10 Tu Speeches, interviews, etc. Key Hansard Economy: 1981 Budget (Howe 3)
Text 81 Mar 10 Tu Press Key Thatcher memoirs Economy: The 1981 budget [memoirs extract]
Text 81 Mar 11 We Speeches, interviews, etc. Key Margaret Thatcher Speech at Guardian Young Businessman of the Year Award (defence of the budget)
Text 81 Apr 15 We Declassified documents Major Archive (Hoskyns MSS) Economy: Hoskyns diary (Howe discerns signs of upturn) ["affable and jokey ... easing relations with the colleagues too"]
PDF 81 Jun 15 Mo Declassified documents Key Archive (Lawson MSS) Monetary policy: Lawson minute to Howe (“EMS”) [“should seriously consider taking the occasion of our presidency of the EEC to join the EMS”]
PDF 81 Sep 14 Mo Declassified documents Key Archive (Lawson MSS) Monetary policy: Lawson minute to Howe (“EMS”) [case for joining getting stronger]
PDF 14 Sep 15 Mo Press Major Lankester (Tim) Budget: “The 1981 Budget: how did it come about?” (budget-making Jan-Mar 1981)
PDF 14 Sep 15 Mo Press Major Collins (Christopher) Budget: “The Origins of the Budget in 1980” (pre-history of the 1981 budget in events of Jul-Dec 1980)

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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