Official 10 Downing Street letter from Chris Butler to Mrs. G.A. Phipps dated February 19, 1982 regarding Laker Airways

This is an official letter from 10 Downing Street dated February 19, 1982, written by Chris Butler from the Political Office to Mrs. G.A. Phipps on behalf of Prime Minister Margaret Thatcher. The letter discusses the government's position on Sir Freddie Laker and Laker Airways' financial difficulties, praising Laker as a true entrepreneur while explaining why the government chose not to intervene in the airline's collapse despite efforts by the Bank of England and government departments to facilitate negotiations.