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Nigel Lawson: Reforming chancellor dies aged 91 | Nigel Lawson: Reforming chancellor dies aged 91 |
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Former Conservative chancellor Nigel Lawson has died at the age of 91. | Former Conservative chancellor Nigel Lawson has died at the age of 91. |
Best known for his role as chancellor during the 1980s, Lord Lawson held several cabinet posts under Margaret Thatcher and served as Conservative MP for Blaby from 1974 to 1992. | Best known for his role as chancellor during the 1980s, Lord Lawson held several cabinet posts under Margaret Thatcher and served as Conservative MP for Blaby from 1974 to 1992. |
PM Rishi Sunak called Lord Lawson a "transformational chancellor and an inspiration to me and many others". | PM Rishi Sunak called Lord Lawson a "transformational chancellor and an inspiration to me and many others". |
Lord Lawson is survived by six children, including Nigella Lawson, a food writer and celebrity cook. | Lord Lawson is survived by six children, including Nigella Lawson, a food writer and celebrity cook. |
Obituary: Nigel Lawson | Obituary: Nigel Lawson |
The prime minister posted a picture of himself as chancellor with the caption: "One of the first things I did as chancellor was hang a picture of Nigel Lawson above my desk." | |
"My thoughts are with his family and friends at this time," Mr Sunak added. | "My thoughts are with his family and friends at this time," Mr Sunak added. |
Former prime minister Boris Johnson paid tribute to Lord Lawson, calling him "a fearless and original flame of free market Conservatism". | Former prime minister Boris Johnson paid tribute to Lord Lawson, calling him "a fearless and original flame of free market Conservatism". |
In a series of tweets Mr Johnson praised him as "a tax-cutter and simplifier who helped transform the economic landscape and helped millions of British people achieve their dreams. | In a series of tweets Mr Johnson praised him as "a tax-cutter and simplifier who helped transform the economic landscape and helped millions of British people achieve their dreams. |
"He was a prophet of Brexit and a lover of continental Europe. He was a giant. My thoughts and prayers are with his family." | "He was a prophet of Brexit and a lover of continental Europe. He was a giant. My thoughts and prayers are with his family." |
Before entering politics, Nigel Lawson was a successful financial journalist - and continued publishing regular articles in the Telegraph and Spectator until as recently as November last year. | |
He would go on to be one of the "big beasts" of Margaret Thatcher's cabinet. | |
Mrs Thatcher put him in charge of the Treasury in 1983, where he cut income tax, boosted share ownership, and paid off government debt. | |
But lower taxes together with cheaper borrowing fuelled an unsustainable boom. Interest rates rose sharply and Britain went into recession. | |
Although Mrs Thatcher called Nigel Lawson "unassailable", he resigned in 1989, after falling out with her over Europe. | |
He was a vocal sceptic of man-made climate change - and in 2016 became the chairman of Vote Leave - the group which led the campaign for the UK's exit from the European Union. | |
He later described Brexit as a "historic opportunity" to finish the job Mrs Thatcher had started. | |
Related Topics | Related Topics |
Conservative Party | Conservative Party |
HM Treasury | HM Treasury |