Norman Lamont

Shetlopedia - The Shetland Encyclopaedia

The Right Honourable Norman Stewart Hughson Lamont, Baron Lamont of Lerwick, PC (08 May 1942 - ) was born in Shetland. He worked in the finance industry (in particular N M Rothschild) before standing as a candidate for Member of Parliament for Hull East but lost the election to the later Deputy Prime Minister, John Prescott. He was Conservative MP for Kingston upon Thames from 1972 until 1997. He was a Minister also in the Departments of Energy, Defence and Industry but is best-known for his period serving as Chancellor of the Exchequer from 1990 until 1993. In 1998 he was created a life peer.

As well as being a working Peer, Lord Lamont is a director of and a consultant to a number of companies in the financial sector. He is a director of RAB Capital (hedge fund company), Scottish Re (a re-investment company quoted on the New York Stock Exchange), Balli plc (commodities trading house), and he is an advisor to Rotch property. He is also Chairman of the East European Food Fund and a director of a number of investment funds.

Norman Lamont is known as a strong opponent of further European Integration and of Britain joining the Euro. He is Co-Chairman of the eurosceptic Bruges Group.

His father was Lerwick surgeon and author Daniel Lamont, and his mother was Helen Irene Hughson whose family were from Firth.