Tuesday 2 June 2015
12:30
Centre for Social Justice
with Lord Lamont, Life Peer, former Chancellor of the Exchequer and Cabinet Minister
The Centre for Social Justice is an independent think tank established in 2004 to seek effective solutions to the poverty that blights parts of Britain.
Norman Lamont was at the centre of British politics for many years. He was a Cabinet Minister under both Margaret Thatcher and John Major, and was a member of the House of Commons for twenty-five years.
Lamont was Chancellor of the Exchequer from 1990-1993 and introduced three Budgets. He inherited the policy of membership of the ERM, which made it a difficult and controversial time to be Chancellor. This culminated in Britain’s exit from the ERM in September 1992. Many Economists have attributed much of the economic stability and low inflation enjoyed in his first years by Gordon Brown to the policies introduced by Norman Lamont after Britain’s exit from the ERM in September 1992. These new policies included an inflation target for the Bank of England and a tough tax raising Budget in 1993.
Currently Lord Lamont, as well as being a working Peer, is a director of, and a consultant to a number of companies in the financial sector. He was made a Life Peer in July 1998.
"The Centre for Social Justice is an independent think tank established in 2004 to seek effective solutions to the poverty that blights parts of Britain"
Norman Lamont was at the centre of British politics for many years. He was a Cabinet Minister under both Margaret Thatcher and John Major, and was a member of the House of Commons for twenty-five years.
Lamont was Chancellor of the Exchequer from 1990-1993 and introduced three Budgets. He inherited the policy of membership of the ERM, which made it a difficult and controversial time to be Chancellor. This culminated in Britain’s exit from the ERM in September 1992. Many Economists have attributed much of the economic stability and low inflation enjoyed in his first years by Gordon Brown to the policies introduced by Norman Lamont after Britain’s exit from the ERM in September 1992. These new policies included an inflation target for the Bank of England and a tough tax raising Budget in 1993.
Currently Lord Lamont, as well as being a working Peer, is a director of, and a consultant to a number of companies in the financial sector. He was made a Life Peer in July 1998.
