22 Facts About Norman Lamont

1. Norman Lamont died at his home, Palmiste, San Fernando on the island of Trinidad on 3 September 1949 at the age of 79.

2. Norman Lamont was appointed to be a Deputy Lieutenant of the County of Argyll in 1901.

3. Norman Lamont took an interest in the history of Scotland and specifically of the Clan Lamont, serving as its President in 1938.

4. Norman Lamont was educated at Winchester and the Downton Agricultural College, near Salisbury where he received his certificate in 1890.

5. Norman Lamont was made Minister for Defence Procurement under Margaret Thatcher just before the signing of the first tranche of the Al-Yamamah arms deal‎ disbursed millions of pounds of commissions to various parties.

6. Norman Lamont was created on, may 8, 1942 in Lerwick, Shetland, Scotland.

7. In 2008, Lord Norman Lamont became the President of the Economic Research Council, Britain's oldest economics-based think tank.

8. Norman Lamont attempted to be selected for the European Parliament election, 1999 but was unsuccessful.

9. Norman Lamont joined with Margaret Thatcher in defending Pinochet, calling him a "good and brave and honourable soldier".

10. Norman Lamont lost the contest for the candidacy for the new seat to the incumbent Surbiton MP Richard Tracey.

11. Norman Lamont is the current vice president of the euro-sceptic Bruges Group.

12. Norman Lamont came to the view that Major had sought his survival in office as a firebreak against the criticism of the ERM policy rebounding on himself.

13. In June 1993, the first month after Norman Lamont had left the Treasury, Britain recorded its lowest monthly rate of inflation since February 1964.

14. Norman Lamont replaced Major as Chancellor in Major's new Cabinet, thereby inheriting Major's exchange rate policy.

15. On 16 May 1991, Norman Lamont stated in parliament that "Rising unemployment and the recession have been the price that we have had to pay to get inflation down.

16. Norman Lamont served in successive governments under Margaret Thatcher and John Major for a total of 14 years, in the Departments of Energy, Industry, Defence and the Treasury.

17. Norman Lamont stood as a candidate for Member of Parliament in the June 1970 general election for Hull East.

18. Norman Lamont is a director of a number of investment funds.

19. Norman Lamont is a director of the hedge fund company RAB Capital, Balli Group plc, and he is an advisor to Rotch Property Group.

20. Norman Lamont was born in Lerwick, in the Shetland Islands, where his father was the islands' surgeon.

21. Norman Lamont is a supporter of the Eurosceptic organisation Leave Means Leave.

22. Norman Lamont is best known for his period serving as Chancellor of the Exchequer, from 1990 until 1993.