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CONFIDENTIAL

p O C U M E N T IS T H E P R O P E R T Y O F H E R B R I T A N N I C

MAJESTY'S GOVERNMENT

COPY

t h

(81) 1 0 illusions

78

NO

CABINET

CONCLUSIONS

of a M e e t i n g of the

h e l d a t 10 D o w n i n g S t r e e t TUESDAY

10 M A R C H

a t 9 . 30

Cabinet on

1981

am

P R E S E N T The

Rt Hon Margaret Thatcher Prime

e Rt H o n W i l l i a m W h i t e l a w etary o f S t a t e f o r t h e

e Rt H o n L o r d

The

M P

Home

Department

Lord The

Carrington

cretary o f S t a t e f o r F o r e i g n

M P

Minister

Rt Hon L o r d Hail sham Chancellor Rt Hon Sir Geoffrey

C h a n c e l l o r o f the

and

Howe Q C M P

Exchequer

mmonwealth A f f a i r s e Rt H o n S i r K e i t h J o s e p h cretary o f S t a t e f o r

The

M P

Rt Hon Francis P y m

C h a n c e l l o r of the D u c h y of

Industry

and Paymaster

e Rt H o n L o r d

The

Soames

rd P r e s i d e n t o f t h e

of State for

e Rt H o n J o h n N o t t M P

The

cretary o f S t a t e f o r

Lord Privy

Defence

nister o f A g r i c u l t u r e ,

e Rt H o n N i c h o l a s cretary o f S t a t e f o r

Fisheries

Edwards

and

M P

M P

cretary o f S t a t e f o r S o c i a l e Rt H o n D a v i d H o w e l l

Food

Services

M P

Energy

The

of State f o r

of State for

of S t a t e f o r

Rt Hon Mark

Science

M P

Scotland M P

Northern

Rt Hon John Biffen

Secretary

CONFIDENTIAL

Younger

Rt Hon Humphrey Atkins

Secretary The

Seal

Rt Hon George

Secretary The

M P

Employment

R t H o n S i r Ian G i l m o u r M P

Secretary

Wales

e Rt H o n P a t r i c k J e n k i n

cretary o f S t a t e f o r

The

M P

Lancaster

General

Rt Hon James P r i o r

Secretary

Council

e Rt H o n P e t e r W a l k e r

M P

Ireland

M P

Trade

Carlisle Q C M P

of State for E d u c a t i o n

and

CONFIDENTIAL

ie Rt H o n N o r m a n F o w l e r c r

T h e R t H o n L e o n B r i t t a n 0,d

M P

etary ° * State f o r T r a n s p o r t

Chief Secretary, ALSO

PRESENT

The Rt Hon Michael Jopling Parliamentary

Secretary,

M P

Treasury

SECRETARY Sir

Robert

Armstrong

S U B J E C T T H E

BUDGET

ii

CONFIDENTIAL

Treasury

M P

CONFIDENTIAL

BUDGET

T H E CHANCELLOR of the p r o p o s a l s In a c c o r d a n c e Cabinet

Cabinet

O F T H E EXCHEQUER

i n his

forthcoming

Office

1981



CONFIDENTIAL

Cabinet

Budget.

w i t h p r e c e d e n t d e t a i l s a r e not r e c o r d e d i n

Conclusions.

10 M a r c h

i n f o r m e d the

the