Archive

1988 Jul 1 - 1988 Oct 28
Prime Ministerial Private Office files

PREM19/2087
Economic Policy (Domestic monetary policy) (Part 19)

Document type: File list item
Source: TNA, PREM19 series
Release date: 2016 Jul 21
Classification: Secret
Page count: 383
Any docs withheld? 1

PREM19/2087 - download whole file (PDF, 300.15 MB)

Selections from this file

Showing items 21 - 39 of 39

Per page:
Date Valuesort descending Title
88 Jul 4 Mo Major Monetary Policy: No.10 record of conversation (MT, Chancellor of the Exchequer) [decision to raise interest rates by one half per cent, MT wanting full one percent] [declassified Jul 2016]
88 Jul 1 Fr Major Monetary Policy: Brian Griffiths minute to MT ("The state of the economy") ["increasing excess demand ... the real problem area is the balance of payments ... the real cause for concern is monetary policy"] [declassified Jul 2016]
88 Jul 1 Fr Major Monetary Policy: No.10 briefing for MT ("The markets") [MT meeting with Chancellor to discuss interest rates; case for pressing him an early increase of more than 0.5 per cent (MT ticked)] [declassified Jul 2016]
88 Jul 27 We Major Monetary Policy: Wicks minute for Butler (Alan Walters article for National Interest) [phoned him urging withdrawal from publication as reviving recent 'embarrassment'; Walters readily agreed] [declassified Jul 2016]
88 Aug 5 Fr Major Monetary Policy: Wicks minute for Bearpark (Alan Walters's articles) [these seem ok, send to Treasury; Alan's lecture series in the autumn "gives me the colly-wobbles"] [declassified Jul 2016]
88 Aug 5 Fr Major Monetary Policy: Bearpark minute for Butler (Alan Walters's articles) [proposed Wicks letter] [declassified Jul 2016]
88 Jul 15 Fr Major Monetary Policy: Wicks minute for Robin Butler ("Sir Alan Walters") [comments in his press article annoyed Lawson; Walters agrees to clear further statements with Wicks] [declassified Jul 2016]
88 Jul 18 Mo Major Monetary Policy: Wicks minute for MT ("Sir Alan Walters") [Walters comments in the press; Lawson saying he could not work with Walters if he were to return] [declassified Jul 2016]
88 Jul 20 We Major Monetary Policy: Wicks letter to Sir Alan Walters (follow-up to phone conversations) ["if you are to return here, you must refrain from all public comment which could have, or be interpreted as having, any bearing on British economic policy"] [declassified Jul 2016]
88 Jul 19 Tu Major Monetary Policy: Ingham minute for Gray ("Sir Alan Walters") [Walters said Evening Standard misquoted him; lively lobby; Perks told Walters to shut up] [declassified Jul 2016]
88 Aug 10 We Major Monetary Policy: Wicks letter to Sir Alan Walters (articles Walters has sent him) ["most helpful" to see them; danger of his Johns Hopkins lectures being infitrated by the press] [declassified Jul 2016]
88 Aug 17 We Major Monetary Policy: Walters note for Gray ("A Central Bank for Europe") ["on my visits to No.10, I fear that I may have left the wrong impression of my thinking"] [declassified Jul 2016]
88 Aug 25 Th Major Monetary Policy: No.10 minute to MT (Evening Market Report) ["the 1% rise seems to have done the trick in holding the pound steady despite the trade figures"] [declassified Jul 2016]
88 Sep 1 Th Major Monetary Policy: No.10 minute to MT ("Today's Markets") [sterling weakened in afternoon; suggests (and MT agrees) further intervention tomorrow in London] [declassified Jul 2016]
88 Sep 15 Th Major Monetary Policy: Treasury minute for Grice ("M0 Figures") [Grice notes figures show no evidence of economy slowing, but Bank thinks postal dispute has distorted them] [declassified Jul 2016]
88 Oct 24 Mo Major Monetary Policy: Wicks letter to Sir Alan Walters (IEA/Cato Conference) [glad he so readily agreed to pull out of speech] [declassified Jul 2016]
88 Sep 1 Th Major Monetary Policy: No.10 minute to MT ("Today's Markets") [MT agrees further intervention tomorrow if sterling remains weak] [declassified Jul 2016]
88 Aug 25 Th Major Monetary Policy: No.10 minute to MT (markets) [1 per cent interest rate rise holding pound steady; Lawson spreading reassurance, Kinnock on news sounded more like "sour grapes"] [declassified Jul 2016]
88 Jul 1 Fr Minor Monetary Policy: Department of Trade & Industry minute to Lord Young ("Credit business in May") [press notice] [declassified Jul 2016]