Rise of Neville Chamberlain Rise of Neville Chamberlain The early life, business career and political rise of Neville Chamberlain culminated on 28 May 1937, when he was summoned to Buckingham Palace to "kiss hands" and accept the office of Prime Minister of the United Kingdom. Chamberlain had long been regarded as Prime Minister Stanley Baldwin's political heir, and when Baldwin announced his retirement, Chamberlain was seen as the only possible successor. Chamberlain was born in 1869; his father was the politician and future Cabinet minister, Joseph Chamberlain. He was educated at Rugby School and Mason College (now Birmingham University); at neither institution was he
Rise of Neville Chamberlain Conference, Chamberlain presented his first budget, in April 1932. The gold standard had been abandoned in the early days of the National Government; the Bank of England sought its restoration. Chamberlain, on advice from his officials, declined to restore the gold standard, realising that a devalued pound would improve the balance of trade. Otherwise, Chamberlain maintained the severe budget cuts that had been agreed to at the inception of the National Government: Chamberlain cut means-tested benefits and public sector wages, which proved to be an unpopular move. He also cut interest rates, which led to a house-building boom in the