1988 Jul 1 - 1988 Oct 28
Prime Ministerial Private Office files
PREM19/2087
Economic Policy (Domestic monetary policy) (Part 19)
| Document type: | File list item |
|---|---|
| Source: | TNA, PREM19 series |
| Release date: | 2016 Jul 21 |
| Classification: | Secret |
| Page count: | 383 |
| Any docs withheld? | 1 |
PREM19/2087 - download whole file (PDF, 300.15 MB)
Selections from this file
Showing items 1 - 20 of 39
| Date | Value | Title |
|---|---|---|
| 88 Jul 1 Fr | Minor | Monetary Policy: Department of Trade & Industry minute to Lord Young ("Credit business in May") [press notice] [declassified Jul 2016] |
| 88 Jul 1 Fr | Major | Monetary Policy: Brian Griffiths minute to MT ("The state of the economy") ["increasing excess demand ... the real problem area is the balance of payments ... the real cause for concern is monetary policy"] [declassified Jul 2016] |
| 88 Jul 1 Fr | Major | Monetary Policy: No.10 briefing for MT ("The markets") [MT meeting with Chancellor to discuss interest rates; case for pressing him an early increase of more than 0.5 per cent (MT ticked)] [declassified Jul 2016] |
| 88 Jul 4 Mo | Major | Monetary Policy: No.10 record of conversation (MT, Chancellor of the Exchequer) [decision to raise interest rates by one half per cent, MT wanting full one percent] [declassified Jul 2016] |
| 88 Jul 15 Fr | Major | Monetary Policy: Wicks minute for Robin Butler ("Sir Alan Walters") [comments in his press article annoyed Lawson; Walters agrees to clear further statements with Wicks] [declassified Jul 2016] |
| 88 Jul 18 Mo | Major | Monetary Policy: No.10 minute to MT ("Interest rates") [Lawson wants 0.5 per cent increase today - MT agrees but would prefer 1 per cent as "more decisive"] [declassified Jul 2016] |
| 88 Jul 18 Mo | Major | Monetary Policy: No.10 minute to MT ("Sir Alan Walters") [public comments feeding renewed media speculation of MT rift with Lawson; Walters agrees not to give further interviews; copies of articles] [declassified Jul 2016] |
| 88 Jul 18 Mo | Major | Monetary Policy: Wicks minute for MT ("Sir Alan Walters") [Walters comments in the press; Lawson saying he could not work with Walters if he were to return] [declassified Jul 2016] |
| 88 Jul 19 Tu | Major | Monetary Policy: Ingham minute for Gray ("Sir Alan Walters") [Walters said Evening Standard misquoted him; lively lobby; Perks told Walters to shut up] [declassified Jul 2016] |
| 88 Jul 20 We | Major | Monetary Policy: Wicks letter to Sir Alan Walters (follow-up to phone conversations) ["if you are to return here, you must refrain from all public comment which could have, or be interpreted as having, any bearing on British economic policy"] [declassified Jul 2016] |
| 88 Jul 21 Th | Key | Monetary Policy: No.10 minute to MT ("Markets" - intervention of over $600m) [MT wants interest rate rise "very early next week"; "HIS [Lawson's] REPUTATION IS AT STAKE"] [declassified Jul 2016] |
| 88 Jul 22 Fr | Major | Monetary Policy: No.10 record of conversation (Chancellor of the Exchequer, Paul Gray) [Lawson distressed that his IEA speech was being interpreted as a "declaration of independence"] [declassified Jul 2016] |
| 88 Jul 27 We | Major | Monetary Policy: Lawson letter to Conservative MPs ("Chancellor's end-of-term letter") [continued strength of the economy] [declassified Jul 2016] |
| 88 Jul 27 We | Major | Monetary Policy: Wicks minute for Butler (Alan Walters article for National Interest) [phoned him urging withdrawal from publication as reviving recent 'embarrassment'; Walters readily agreed] [declassified Jul 2016] |
| 88 Jul 28 Th | Major | Monetary Policy: Lord Young PS letter to Chancellor of the Exchequer PS ("October stock market fall") [Young decided to publish revised report, thinking it would leak anyway] [declassified Jul 2016] |
| 88 Jul 28 Th | Key | Monetary Policy: Wicks minute for Butler (Alan Walters interview in Daily Mail) [told him he had to behave like a Trappist monk or "his return to No.10 would be in serious doubt"] [declassified Jul 2016] |
| 88 Aug 2 Tu | Major | Monetary Policy: No.10 airborne telegram to Cabinet Office (Treasury press release regarding foreign currency borrowing programme) [MT wishes to stress repayment component] [declassified Jul 2016] |
| 88 Aug 5 Fr | Major | Monetary Policy: Wicks minute for Bearpark (Alan Walters's articles) [these seem ok, send to Treasury; Alan's lecture series in the autumn "gives me the colly-wobbles"] [declassified Jul 2016] |
| 88 Aug 5 Fr | Major | Monetary Policy: Bearpark minute for Butler (Alan Walters's articles) [proposed Wicks letter] [declassified Jul 2016] |
| 88 Aug 10 We | Major | Monetary Policy: Wicks letter to Sir Alan Walters (articles Walters has sent him) ["most helpful" to see them; danger of his Johns Hopkins lectures being infitrated by the press] [declassified Jul 2016] |