Archive

Large scale document archive

1990 May 3 - 1991 May 31
Prime Ministerial Private Office files

PREM19/3274
Economic Policy (Domestic monetary policy) (Part 22)

Source: TNA, PREM19 series
Release date: 2017 Jul 20
Classification: Secret
Page count: 271
Themes: Monetary policy, Public spending & borrowing, Taxation, Trade, European Union (general), Economic, monetary & political union

PREM19/3274 - download whole file (PDF, 257.53 MB)

Selections from this file

Showing items 1 - 17 of 17

Date Value Title
90 May 3 Th Major Monetary Policy: Treasury minute ("M0 figures") [latest weekly figures up 7.3 percent year-on-year, seasonally adjusted] [declassified Jul 2017]
90 May 10 Th Major Economic Policy: Major PS letter to No.10 (RPI figures) [points to make against RPI as a measure of inflation] [declassified Jul 2017]
90 May 17 Th Major Monetary Policy: John Major minute to MT ("New Techniques of Monetary and Credit Control") [measures to reduce lending to consumers by new regulation of credit marketing; activation of system of Bank of England reserve requirements] [declassified Jul 2017]
90 May 18 Fr Major Monetary Policy: Major PS minute to No.10 ("Foreign Currency Borrowing: Liability Swap Out of Sterling") [new technique to minimise costs] [declassified Jul 2017]
90 May 18 Fr Major Monetary Policy: Barry Potter minute to MT ("Balance of Payments: April Figures") ["not very good news" - substantial growth in imported consumer goods] [declassified Jul 2017]
90 May 18 Fr Major Monetary Policy: Barry Potter minute to MT ("New Techniques of Monetary and Credit Control") [analysis of Treasury paper and Chancellorial minute] [declassified Jul 2017]
90 May 22 Tu Major Monetary Policy: No.10 record of conversation (MT-Chancellor of the Exchequer) [agreed to package on marketing of credit; Bank of England controls in money markets - possible special deposit requirement] [declassified Jul 2017]
90 Jun 18 Mo Major Monetary Policy: Major PS minute to No.10 ("Money Market Markets: Special Deposits") [responds to MT concerns about introduction of special deposits requirement] [declassified Jul 2017]
90 Jun 28 Th Minor Monetary Policy: Home Secretary letter to Geoffrey Howe (Skilball and lottery legislation) [too soon to assess its implications for lottery law] [declassified Jul 2017]
90 Jul 16 Mo Minor Economic Policy: Geoffrey Howe minute to David Waddington ("'Skilball' and Major Lotteries") [free to circulate paper] [declassified Jul 2017]
90 Aug 28 Tu Major Monetary Policy: No.10 record of conversation (MT-Chancellor of the Exchequer) [MT "concerned about the possible risk of recession", discussion of interest rate cut; oil prices; timing of ERM entry] [declassified Jul 2017]
90 Sep 12 We Major Monetary Policy: No.10 record of conversation (MT-Chancellor of the Exchequer) [MT concern over invisibles and the RPI; ECOFIN; possible dates for ERM entry] [declassified Jul 2017]
90 Sep 13 Th Major Monetary Policy: Major PS minute toNo.10 ("Q2 Balance of Payments") [revision to figures - press commentary] [declassified Jul 2017]
90 Oct 19 Fr Major Monetary Policy: Major PS minute to Barry Potter ("The October Forecast") [expected growth of 0.5 percent in 1991; high figure for 1991 community charge] [declassified Jul 2017]
90 Nov 7 We Major Monetary Policy: Barry Potter minute to MT ("RPI for October 1990") ["reasonably good news"] [declassified Jul 2017]
90 Nov 16 Fr Major Monetary Policy: Chief Secretary PS note to No.10 ("Difficult Questions") [draft Q&A on recession, inflation, unemployment, public expenditure] [declassified Jul 2017]
90 Nov 16 Fr Major Monetary Policy: Barry Potter minute to MT ("The Economy") [excellent overview article in Bank of England Quarterly Bulletin] [declassified Jul 2017]