Search results
Fitzwilliam College, Cambridge. Norman Stewart Hughson Lamont, Baron Lamont of Lerwick, PC (born 8 May 1942) is a British politician and former Conservative MP for Kingston-upon-Thames. [2] [3] He served as Chancellor of the Exchequer from 1990 until 1993. He was created a life peer in 1998. Lamont was a supporter of the Eurosceptic ...
Black Wednesday, or the 1992 sterling crisis, was a financial crisis that occurred on 16 September 1992 when the UK Government was forced to withdraw sterling from the (first) European Exchange Rate Mechanism (ERM I), following a failed attempt to keep its exchange rate above the lower limit required for ERM participation.
Jul 23, 2018 · Norman Lamont, the former UK chancellor, disguised the true cost of Black Wednesday by building up a “secret” £12.5bn book of foreign exchange swaps, according to newly declassified memos ...
How John Major and Norman Lamont hid the cost of the Black Wednesday disaster. Chancellor was “increasingly anxious” about the way the much-depleted reserves were being hidden from the public
Jun 9, 1993 · 9 June 1993: Norman Lamont resigns. Norman Lamont's departure from government was a result of Black Wednesday - when, as chancellor, he was forced to remove sterling from the ERM, despite earlier assurances that he would not do so. It was a crisis that severely rocked the government, destroying the Conservatives' long-standing reputation for ...
Lamont, Norman 1942– (Norman Stewart Hughson Lamont, Lord Lamont of Lerwick) PERSONAL:Born May 8, 1942, in Lerwick, Shetland, Scotland; son of Daniel (a surgeon) and Helen Irene Lamont; married Alice Rosemary White, 1971; children: Hilaire, Sophie. Education: Attended Fitzwilliam College, Cambridge.
Lerwick, Shetland, 8 May 1942) British; Chancellor of the Exchequer 1990–3; Baron (life peer) 1998 Norman Lamont was educated at Cambridge, becoming president of the Union in 1964. After university he worked for a time in the Conservative Research Department, the nursery of many Conservative ministers, and then as a merchant banker.
People also ask
Who is Norman Stewart Hughson Lamont?
Who is Norman Lamont?
Why did Norman Lamont leave government?
Who is Lord Lamont?
