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
Chancellor of the Exchequer his duty to distribute as fairly as he can." The chancellor has considerable control over other departments as it is the Treasury which sets Departmental Expenditure Limits. The amount of power this gives to an individual chancellor depends on his personal forcefulness, his status within his party and his relationship with the prime minister. Gordon Brown, who became chancellor when Labour came into Government in 1997, had a large personal power base in the party. Perhaps as a result, Tony Blair chose to keep him in the same position throughout his ten years as prime minister; making Brown an unusually