Archive

1983 Nov 4 - 1984 Nov 26
Prime Ministerial Private Office files

PREM19/1199
Economic policy (Domestic monetary policy) (Part 11)

Document type: File list item
Source: TNA, PREM19 series
Release date: 2014 Jan 3
Classification: Secret
Page count: 414
Any docs withheld?

Selections from this file

Showing items 1 - 20 of 50

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Date Value Title
83 Nov 7 Mo Major Monetary Policy: Treasury background briefing (“Ministerial Statements”) [digest of statements on the economy, Oct-Nov 1983] [declassified 2014]
83 Nov 24 Th Major Monetary Policy: Redwood minute to Turnbull (“Funding Meeting, 23 November”) [Bank trying to sell long gilts again] [declassified 2014]
83 Nov 28 Mo Major Monetary Policy: Redwood minute to MT (“The State of the Economy”) [return to the attack on public spending; risk of monetary laxity] [declassified 2014]
83 Dec 12 Mo Major Monetary Policy: Turnbull minute to MT (tilt in the money market yield curve: interest and exchange rates) [MT wants to discuss with Walters] [declassified 2014]
83 Dec 23 Fr Minor Monetary Policy: Treasury minute to No.10 (“Money Supply in Banking December: ‘First Guess’”) [satisfactory for £M3; not a lot in these figures] [declassified 2014]
84 Jan 6 Fr Major Monetary Policy: Turnbull note to MT (Midland Bank mortgage rate increase) [half per cent] [declassified 2014]
84 Jan 6 Fr Major Monetary Policy: Tunrbull note for MT (“Growth of Social Expenditure”) [declassified 2014]
84 Jan 9 Mo Major Monetary Policy: Treasury minute (“Monthly Financial Markets Report”) [Dec 1983] [declassified 2014]
84 Jan 9 Mo Major Monetary Policy: Treasury letter to No.10 (paper on choice of monetary targets in 1984 MTFS) [signalling importance of narrow money to interest rate policy] [declassified 2014]
84 Jan 12 Th Major Monetary Policy: Turnbull letter to Inland Revenue (MT wanting to see publication of figures showing income distribution before & after income tax) [declassified 2014]
84 Jan 13 Fr Major Monetary Policy: Treasury record of conversation (“Monetary Targets” in 1984 MTFS) [decision to target M2 & M0 for narrow money] [declassified 2014]
84 Feb 6 Mo Minor Monetary Policy: Folger minute to No.10 (“5% Growth: Mr. Nightingale of Hoare Govett”) [economy 'feverish'; 'clampdown' predicted in spring] [declassified 2014]
84 Feb 9 Th Major Monetary Policy: Turnbull note to MT (Chancellor now removing public sector bank deposits from £M3) [declassified 2014]
84 Feb 9 Th Major Monetary Policy: Chancellor's PS letter to No.10 (Chancellor wishes to remove public sector bank deposits from £M3) [declassified 2014]
84 Feb 16 Th Major Monetary Policy: Treasury minute (“Monthly Monetary Report: January to April”) ["this month's slower growth brings £M3 within the target range"] [declassified 2014]
84 Feb 21 Tu Major Monetary Policy: Redwood minute to MT (“Funding”) [longer stock flopped, Bank "somewhat chastened"] [declassified 2014]
84 Feb 22 We Major Monetary Policy: Redwood minute to MT (“Stock Exchange Commissions”) ["a political triumph"] [declassified 2014]
84 Mar 8 Th Major Monetary Policy: Treasury minute (“Financial Markets Report”) [Feb 1984] [declassified 2014]
84 Mar 14 We Major Monetary Policy: Treasury minute (“Monthly Monetary Report: February to May”) [monetary growth less than expected in Feb] [declassified 2014]
84 Mar 22 Th Major Monetary Policy: Redwood minute to Turnbull (“Funding Meeting”) [Bank preparing to attack policy of not selling long gilts; budget; suggests MT see Governor] [declassified 2014]