Norman Lamont will deservedly be numbered.' 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
Stop of the Exchequer had put their money in their hands were ruined by this dishonourable and perfidious action". This seems to have been only a slight exaggeration: the goldsmith bankers were heavily hit, and some of the most prominent, including Edward Blackwell and Robert Viner, went bankrupt. Danby, the Lord Treasurer, promised them compensation, but this was never forthcoming, leading to a lawsuit, "The Goldsmith Bankers case", of almost unheard-of length. Eventually the Court of Exchequer Chamber gave judgment in favour of the bankers, but in 1696 Lord Somers, the Lord Chancellor, reversed the judgment on technical grounds which left a general feeling