SECRET

ZCZ C

GRS

SECRET

IMMEDIATE 29010OZ

29010OZ

FM FCO

TO IMMEDIATE HONG KONG

TELEGRAM NUMBER

FOLLOWING PERSONAL FOR

1.

GOVERNOR FROM CLIFT

FINANCIAL CONTINGENCY PLANNING

I am

agreement.

am replying in the PUS's absence and with Sir J Bullard's

We have spoken to the Treasury who have discussed

with the Bank. In fact Blye had already telexed David Holland

in the Bank of England direct. Holland will be away at the time

but a lunch has been fixed at the Bank of England on 5 December hosted by Goodhart at which Peretz will be present. This should

provide a good opportunity for detailed discussion which can

continue later as necessary. It is envisaged that at the lunch

they can discuss possible meetings with others and also the need

for a further discussion before Blye's return to Hong Kong.

-

HOWE

NNNN

R D CLIFT

233 3184

HKD

HD/HKD

PS

PS/PUS

SIR J BULLARD

MR GIFFARD

MR DONALD

Share This Page