Economy: Alan Walters diary (first meetings with MT as economic adviser) ["What should she do about Geoffrey? Who could she promote. No one"] [released 2012]
|Source:||Walters MSS (Churchill Archives Centre): WTRS 3/1/1|
|Editorial comments:||The initials 'MBC' refer to Monetary Base Control. The very earliest entry in the diary on 5 January simply records: "Fly to UK". The full handwritten text of the 1981 diary can be read here. The document is 80MB, so may take time to download.|
|Themes:||Monetary policy, Executive (appointments)|
Tuesday 6th January 1981
Pesky press at airport. P [ Paddie Walters ] looked lovely.
Saw MT at 10:00. All affable and unflappable. What should she do about Geoffrey [Sir Geoffrey Howe ]? Who could she promote. No-one. Said come and see me whenever you like. I discussed program - MBC [Monetary Base Control] was important - but I thought monetary policy had worked, if anything, too well.