| Description | Includes: note of discussions with Treasury (HMT) on a briefing for the Prime Minister's seminar on monetary control; the Bank's response to the consultations on the Green Paper; Bank note summarising the progress of monetary control consultations; Bank note of a meeting with Sir Jeremy Morse, 13 October 1980; Bank note on a paper for No.10 on monetary control; Bank note on the reserve asset ratio; copy of a letter to Margaret Thatcher from the Bank governor, Gordon Richardson, with two papers on increasing the flexibility of official operations in money markets and funding techniques; note of a Bank meeting on monetary control: the next steps; Bank note of interim adjustments to the reserve asset ratio requirement; note from Downing Street confirming the Prime Minister was content with the proposed change in the reserve assets ratio, but felt it required very careful briefing if not to be misunderstood. |