Norman Lamont
Overview
 
Norman Stewart Hughson Lamont, Baron Lamont of Lerwick, PC (born 8 May 1942) is a British politician and former Conservative
Conservative Party (UK)
The Conservative Party, formally the Conservative and Unionist Party, is a centre-right political party in the United Kingdom that adheres to the philosophies of conservatism and British unionism. It is the largest political party in the UK, and is currently the largest single party in the House...

 MP
Member of Parliament
A Member of Parliament is a representative of the voters to a :parliament. In many countries with bicameral parliaments, the term applies specifically to members of the lower house, as upper houses often have a different title, such as senate, and thus also have different titles for its members,...

 for Kingston-upon-Thames
Kingston-upon-Thames (UK Parliament constituency)
Kingston-upon-Thames was a parliamentary constituency in the South-West London suburb of Kingston upon Thames which returned one Member of Parliament to the House of Commons of the Parliament of the United Kingdom.-History:...

. He is best-known for his period serving as Chancellor of the Exchequer
Chancellor of the Exchequer
The Chancellor of the Exchequer is the title held by the British Cabinet minister who is responsible for all economic and financial matters. Often simply called the Chancellor, the office-holder controls HM Treasury and plays a role akin to the posts of Minister of Finance or Secretary of the...

, from 1990 until 1993. He was created a life peer
Life peer
In the United Kingdom, life peers are appointed members of the Peerage whose titles cannot be inherited. Nowadays life peerages, always of baronial rank, are created under the Life Peerages Act 1958 and entitle the holders to seats in the House of Lords, presuming they meet qualifications such as...

 in 1998.
Lamont was born in the Shetland Islands
Shetland Islands
Shetland is a subarctic archipelago of Scotland that lies north and east of mainland Great Britain. The islands lie some to the northeast of Orkney and southeast of the Faroe Islands and form part of the division between the Atlantic Ocean to the west and the North Sea to the east. The total...

 and raised in Grimsby
Grimsby
Grimsby is a seaport on the Humber Estuary in Lincolnshire, England. It has been the administrative centre of the unitary authority area of North East Lincolnshire since 1996...

, where his father was a surgeon
Surgeon
In medicine, a surgeon is a specialist in surgery. Surgery is a broad category of invasive medical treatment that involves the cutting of a body, whether human or animal, for a specific reason such as the removal of diseased tissue or to repair a tear or breakage...

. He was educated at Loretto School
Loretto School
Loretto School is an independent school in Scotland, founded in 1827. The campus occupies in Musselburgh, near Edinburgh.-History:Loretto was founded by the Reverend Thomas Langhorne in 1827. Langhorne came from Crosby Ravensworth, near Kirkby Stephen. The school was later taken over by his son,...

, Musselburgh
Musselburgh
Musselburgh is the largest settlement in East Lothian, Scotland, on the coast of the Firth of Forth, six miles east of Edinburgh city centre.-History:...

, Scotland and read Economics at Fitzwilliam College, Cambridge
Fitzwilliam College, Cambridge
Fitzwilliam College is one of the constituent colleges of the University of Cambridge in England.The college traces its origins back to 1869 and the foundation of the Non-Collegiate Students Board, a venture intended to offer students from less financially privileged backgrounds a chance to study...

, where he was Chairman of the Cambridge University Conservative Association
Cambridge University Conservative Association
The Cambridge University Conservative Association is a long-established political society going back to 1921, with roots in the late nineteenth century, as a Conservative branch for students at Cambridge University in England...

 and President of the Cambridge Union Society
Cambridge Union Society
The Cambridge Union Society, commonly referred to as simply "the Cambridge Union" or "the Union," is a debating society in Cambridge, England and is the largest society at the University of Cambridge. Since its founding in 1815, the Union has developed a worldwide reputation as a noted symbol of...

 in 1964.
Quotations

The green shoots of economic spring are appearing once again.

Speech at the Conservative Party Conference, 9 October 1991.

My wife said she'd never heard me singing in the bath until last week.

Anatole Kaletsky, "Lamont looks on the bright side", The Times, 22 September 1992.

John Pienaar (BBC reporter): Which do you regret more, singing in the bath when forced to withdraw from the ERM, or talking prematurely of green shoots last autumn?Norman Lamont: I .. Je ne regrette rien.

Sheila Gunn, "Chancellor warns Newbury against short-term protest", The Times, 24 April 1993.

What is the right exchange rate at one point is not necessarily the right exchange rate at another.

As he stated on Channel 4 News, 15th December 2008

 
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