| Description | Contains papers relating to the Brutus scheme: the blocking of sterling holdings of the overseas sterling area and non sterling area, in the event of severe pressure on sterling and little or no resources to meet it. Includes minutes of meetings of the Allen Working Party (Sir Douglas Allen's Group); papers regarding the euro dollar market, Posner's paper on the scheme, and sterling balances of OSA countries; and a covering note by the Chancellor of the Exchequer on the scheme.
For the previous file in this series see 2A105/1. |