Lord Norman Lamont
Former Chancellor of the Exchequer
Lord Norman Lamont was Chancellor of the Exchequer during the UK's last recession, presiding over the withdrawal of sterling from the Exchange Rate Mechanism and what quickly became known as Black Wednesday. He was Britain's negotiator at Maastricht and secured Britain's opt out from the Euro, which he has always opposed.
"Not only the most effective, but also the bravest Chancellor since the war" - Sir Alan Walters
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Originally an investment banker with NM Rothschild, Norman served in successive governments under Margaret Thatcher and John Major for a total of 14 years, in the Departments of Energy, Industry, Defence and the Treasury. In 1986, he moved to the Treasury, first as Financial Secretary to the Treasury, then Chief Secretary to the Treasury. As Chancellor, he appointed the 26 year-old David Cameron as his special advisor. When David Cameron became Prime Minister, he invited Lord Lamont to join a panel of former Chancellors to advise on dealing with the financial crisis. He is an Honorary Fellow of Fitzwilliam College, Cambridge.
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In his speeches, Lord Lamont charts the course of recession and recovery, looking at the likely events, policies and deciding factors to come. As well as considering the outlook in the US and Asia, after his eventful experiences with Europe he now considers how Brexit might play out despite the very many unknowns.