1988 Jan 9 - 1988 Jun 24
Prime Ministerial Private Office files
PREM19/2086
Economic Policy (Domestic monetary policy) (Part 18)
| Document type: | File list item |
|---|---|
| Source: | TNA, PREM19 series |
| Release date: | 2016 Jul 21 |
| Classification: | Secret |
| Page count: | 397 |
| Any docs withheld? |
PREM19/2086 - download whole file (PDF, 278.17 MB)
Selections from this file
Showing items 21 - 30 of 30
| Date | Value | Title |
|---|---|---|
| 88 May 6 Fr | Major | Monetary Policy: Treasury minute ("Monthly Monetary Assessment: April 1988") [moderation in growth of economic activity] [declassified Jul 2016] |
| 88 May 13 Fr | Major | Monetary Policy: Paul Gray minute to MT ("Markets") [strong upward pressure on sterling; Lawson favours 0.5 percent cut in rates, Gray and Griffiths oppose it; doubtful prospects for further intervention] [declassified Jul 2016] |
| 88 May 26 Th | Major | Monetary Policy: Lord Young letter to Nigel Lawson ("Report on the Stock Market Fall") [Black Monday crash - UK systems stood up well; scepticism as to US "circuit breakers"] [declassified Jul 2016] |
| 88 Jun 1 We | Major | Monetary Policy: Nigel Wicks minute to MT ("Markets") [pound has moved downwards; Lawson will urge 0.5 per cent rate rise tomorrow; "looks right"; MT agreeing] [declassified Jul 2016] |
| 88 Jun 1 We | Major | Monetary Policy: Treasury minute ("The Reserves in May 1988") [$676 rise in the reserves, $814m underlying] [declassified Jul 2016] |
| 88 Jun 2 Th | Major | Monetary Policy: No.10 record of conversation (MT-Chancellor of the Exchequer) [Lawson proposed immediate 0.5 per cent increase in interest rates and MT agreed; possible further 0.5 per cent discussed] [declassified Jul 2016] |
| 88 Jun 7 Tu | Major | Monetary Policy: Deputy Governor of Bank of England letter to Lord Young ("Report on the Stock Market Fall") [Bank would prefer him not to publish the report] [declassified Jul 2016] |
| 88 Jun 13 Mo | Major | Monetary Policy: Nigel Lawson letter to Lord Young ("Report on the Stock Market Fall") [no case for publication, would seem "a somewhat feeble and very belated response to October's events"] [declassified Jul 2016] |
| 88 Jun 17 Fr | Major | Monetary Policy: Paul Gray minute to MT ("The Markets and Interest Rates") [Lawson wants 0.5 per cent increase later next week] [declassified Jul 2016] |
| 88 Jun 24 Fr | Key | Monetary Policy: No.10 conversation record (MT-Chancellor of the Exchequer) [market handling in light of bad trade figures; possible increase in interest rates; Lawson agreed need for "a period of significant tightening of policy", rates at 10 percent or higher] [declassified Jul 2016] |