Norman Lamont Quotes

born 1942 Scotland

Norman Stewart Hughson Lamont, Baron Lamont of Lerwick PC (born 8 May 1942) is a British Conservative politician who was Chancellor of the Exchequer in the government of John Major from 1990 to 1993. His term of office was not a happy one as the United Kingdom was in a recession, and it included the embarrassment of Black Wednesday on 16 September 1992 when the Pound Sterling was forced out of the exchange rate mechanism.

Scotland
Politicians

Random Norman Lamont quote

5 quotes

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

The green shoots of economic spring are appearing once again.

Rising unemployment and the recession have been the price that we have had to pay to get inflation down. That price is well worth paying.

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

There are going to be no devaluations, no leaving the ERM. We are absolutely committed to the ERM. It is at the centre of our policy. We are going to maintain sterling's parity and we will do whatever is necessary, and I hope there is no doubt about that at all.

Attribution

Quotes and notes from Wikiquote: Norman Lamont (page history), available under CC BY-SA 4.0.