Archive

1988 Nov 4 - 1989 Aug 21
Prime Ministerial Private Office files

PREM19/2630
Economic Policy (Domestic monetary policy) (Part 20)

Document type: File list item
Source: TNA, PREM19 series
Release date: 2016 Dec 30
Classification: Secret
Page count: 319
Any docs withheld?

Selections from this file

Showing items 1 - 20 of 56

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Date Value Title
88 Nov 25 Fri Monetary Policy: Lawson minute to MT ("An Independent Central Bank") [MT: "NO" - inflation not defeated] [declassified Dec 2016]
88 Nov 25 Fri Monetary Policy: Nigel Wicks minute to MT ("An Independent Central Bank") ["the most radical proposal to come from the Treasury during your time in Government"] [declassified Dec 2016]
88 Dec 2 Fri Monetary Policy: John Wakeham minute to Douglas Hurd ("Increases in Monetary Limits on Lotteries under the Lotteries and Amusements Act 1976") [ministers' views on consultations and limits] [declassified Dec 2016]
88 Nov 15 Tue Monetary Policy: Tom King minute to Douglas Hurd ("Increases in Monetary Limits on Lotteries under the Lotteries and Amusements Act 1976") [no objection to proposal from a Northern Ireland standpoint] [declassified Dec 2016]
88 Nov 11 Fri Monetary Policy: Nicholas Ridley minute to Douglas Hurd (Monetary Limits on Lotteries) [content with proposal] [declassified Dec 2016]
88 Nov 11 Fri Monetary Policy: Malcolm Rifkind minute to Douglas Hurd ("Increases in Monetary Limits on Lotteries under the Lotteries and Amusements Act 1976") [content for the same increases to apply in Scotland] [declassified Dec 2016]
88 Nov 10 Thu Monetary Policy: Richard Luce minute to Douglas Hurd ("Increases in the Monetary Limits on Lotteries") [would have liked to see bigger stakes] [declassified Dec 2016]
88 Nov 7 Mon Monetary Policy: Douglas Hurd minute to John Wakeham ("Increases in the Monetary Limits on Lotteries under the Lotteries and Amusements Act 1976") [proposed changes and consultations] [declassified Dec 2016]
88 Nov 7 Mon Monetary Policy: Carolyn Sinclair minute to MT ("Increases in the Monetary Limits on Lotteries under the Lotteries and Amusements Act 1976") [Hurd's proposed changes] [declassified Dec 2016]
89 Aug 18 Fri Monetary Policy: Dominic Morris minute to MT ("The Economy") [latest trade figures are "awful", second worst ever] [declassified Dec 2016]
89 Jul 27 Thu Monetary Policy: Lawson letter to Conservative MPs ("Chancellor's End-of-Term Letter") [investment boom, rise in inflation] [declassified Dec 2016]
89 Jun 12 Mon Monetary Policy: Lawson PS minute to Paul Gray ("The Recent Rise in Inflation" - "Points for Prime Minister's Questions") [inflation at an unacceptable level; monetary policy has been too loose at times, as in the period after Black Monday] [declassified Dec 2016]
89 Jan 17 Tue Monetary Policy: Lawson PS minute to Paul Gray (total tax burden) [reasons for rise in tax burden] [declassified Dec 2016]
89 Jan 16 Mon Monetary Policy: Lawson PS minute to Paul Gray (Treasury weekly brief) [figures on earnings and taxation] [declassified Dec 2016]
89 Jul 25 Tue Monetary Policy: Alan Walters minute to MT ("Prospects for Monetary Conditions: August-September") [cannot foresee any "surprise" in store; "very unlikely" 16 percent rates would be forced on government] [declassified Dec 2016]
89 Jul 17 Mon Monetary Policy: Alan Walters minute to Andrew Turnbull ("Intervention and Sterilisation - 1987-1988") ["I remain convinced that unsterilised intervention did contribute to monetary growth in 1987-88"] [declassified Dec 2016]
89 Jul 16 Sun Monetary Policy: Andrew Turnbull minute to Alan Walters ("Intervention and Sterilisation") [agrees with Walters' main conclusion that interest rates were too low] [declassified Dec 2016]
89 Jul 17 Mon Monetary Policy: Alan Walters minute to Paul Gray ("Intervention and Sterilisation - 1987-1988") ["It is the persistence in pegging the exchange rate which is the proximate cause of the monetary expansion"] [declassified Dec 2016]
89 Jul 6 Thu Monetary Policy: Paul Gray minute to Alan Walters ("Economic Performance and Prospects") [asks for him to prepare note on sterilisation of 1987-88 intervention; what did the damage, intervention or interest rates?] [declassified Dec 2016]
89 Jul 14 Fri Monetary Policy: Paul Gray minute to MT ("Intervention, Sterilisation and Funding") [Walters accepts intervention WAS sterilised; real problem was that interest rates were kept too low in order to keep sterling at DM3] [declassified Dec 2016]