Economy: Alan Walters diary (budget) [censure debate - MT adequate performance, Powell strong. British Leyland moves to strike, government must not relent][released 2012]

Document type:	Declassified documents
Source:	Walters MSS (Churchill Archives Centre): WTRS 3/1/1
Editorial comments:	Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking:	Major
Word count:	86
Themes:	Monetary policy, Privatized & state industries, Trade unions, Strikes & other union action

Wednesday 28th October 1981

C/E paper on Industry Act forecasts - but imagines that whether we reduce Employee or Employer contribution makes a difference.

Lunch at Tim Congdon (Messels), Vaizey [John Vaizey], [sic]

Censure debate -PM s performance B- - [i.e., Beta minus minus] Shopping list approved - but brilliant speech by Powell - on lines of the Melbourne speech and v. convincing. Foot. [i.e., gamma]

BL [British Leyland] marches on to a strike - Gvt will not relent - it would be disastrous for supporters if they did.