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
Government of the United Kingdom politically unacceptable for the budget speech to be given in the Lords, with MPs unable to directly question the Chancellor, especially now that the Lords have very limited powers in relation to money bills. The last Chancellor of the Exchequer to be a member of the House of Lords was Lord Denman, who served as interim Chancellor of the Exchequer for one month in 1834. Under the British system, the government is required by convention and for practical reasons to maintain the confidence of the House of Commons. It requires the support of the House of Commons for the maintenance