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? |
PREM19/2630 - download whole file (PDF, 25.27 MB)
Selections from this file
Showing items 1 - 20 of 56
Date | Value | Title |
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88 Nov 25 Fr | Key | Monetary Policy: Lawson minute to MT ("An Independent Central Bank") [MT: "NO" - inflation not defeated] [declassified Dec 2016] |
88 Dec 6 Tu | Key | Monetary Policy: No.10 record of conversation (MT-Lawson) [MT refuses to consider an independent Central Bank until inflation reduced to "a very low level" and kept there, perhaps in four years] [declassified Dec 2016] |
88 Nov 25 Fr | Major | 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 Fr | Major | 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 Tu | Major | 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 10 Th | Major | 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 Mo | Major | 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 Mo | Major | 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 Fr | Major | Monetary Policy: Dominic Morris minute to MT ("The Economy") [latest trade figures are "awful", second worst ever] [declassified Dec 2016] |
89 Jul 27 Th | Major | Monetary Policy: Lawson letter to Conservative MPs ("Chancellor's End-of-Term Letter") [investment boom, rise in inflation] [declassified Dec 2016] |
89 Jun 12 Mo | Major | 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 16 Mo | Major | Monetary Policy: Lawson PS minute to Paul Gray (Treasury weekly brief) [figures on earnings and taxation] [declassified Dec 2016] |
89 Jul 25 Tu | Major | 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 Mo | Major | 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 Su | Major | 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 Mo | Major | 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 Th | Major | 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 Fr | Major | 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] |
89 Jun 30 Fr | Major | Monetary Policy: Paul Gray minute to MT ("Meeting with Chancellor and Treasury Officials: Wednesday 5 July") ["where did we go wrong over the last 2-3 years with inflation?"] [declassified Dec 2016] |
89 Jun 22 Th | Major | Monetary Policy: Paul Gray minute to MT ("Markets") [Sterling under serious pressure, no particular factor] [declassified Dec 2016] |