Norman Lamont Norman Lamont 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. He is best known for his period serving as Chancellor of the Exchequer, from 1990 until 1993. He was created a life peer in 1998. Lamont is a supporter of the Eurosceptic organisation Leave Means Leave. Lamont was born in Lerwick, in the Shetland Islands, where his father was the islands' surgeon. He was educated at Loretto School, Musselburgh, Scotland, and read Economics at Fitzwilliam College, Cambridge, where he was Chairman of the Cambridge University
William IV of the United Kingdom of the House of Commons and Chancellor of the Exchequer, John Charles Spencer, Viscount Althorp, inherited a peerage, thus removing him from the House of Commons to the Lords. Melbourne had to appoint a new Commons leader and a new Chancellor (who by long custom, must be drawn from the Commons), but the only candidate whom Melbourne felt suitable to replace Althorp as Commons leader was Lord John Russell, who William (and many others) found unacceptable due to his radical politics. William claimed that the ministry had been weakened beyond repair and used the removal of Lord Althorp—who had previously