Monetary Policy: Biffen minute for Chancellor (proposed 5 per cent cut in real public sector pay) [“we are - perhaps - dangerously moderate in our counter-inflation policy”] [declassified 2013]
| Document type: | Declassified documents |
|---|---|
| Source: | PO-CH-GH0045A f103 |
| Editorial comments: | The Peter Cropper paper on which Biffen was commenting has not been found. Nigel Lawson commented on it the same day; also on this site. |
| Importance ranking: | Major |
| Word count: | 1p |
| Themes: | Monetary policy, Pay, Public spending & borrowing |
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