Lord Lamont

Lord Lamont of Lerwick(Norman Lamont) has been at the centre of British politics for many years and was the Conservative M.P. for Kingston upon Thames for 25 years.

 

He was a Cabinet Minister under both Margaret Thatcher and John Major and was heavily involved in the Thatcher reforms including privatisation that transformed the British economy.  Norman Lamont was Chancellor of the Exchequer from l990-l993 and introduced three Budgets. This was a difficult and controversial time with a deep recession and Britain's exit from the ERM on "Black Wednesday". Despite all the criticisms made at the time, today many economists consider that the tough decisions taken laid the foundations for the boom that started in l992 and continued until 2008. Sir Alan Walters, economic advisor to Lady Thatcher, in a letter to the Times described Lord Lamont in his post ERM situation "to be not only the most effective but also the bravest Chancellor since the war".  

 

Recently Norman Lamont published a self-deprecating and amusing account of his time as Chancellor under the title "In Office". His book was described in the Independent newspaper as "Out of the top drawer of political memoirs".  

 

Prior to becoming an MP, Norman Lamont was a Merchant Banker with NM Rothschild and Sons, whom he joined after reading Economics at Cambridge. Norman Lamont was made a Life Peer in July 1998. Currently he is a non-executive director of Balli Group plc, and a director of a number of other financial companies.  

 

SPEAKING TOPICS   Politics, Finance, Economy, After Dinner & Leadership