Norman Lamont quotes
As a result of uncertainties caused by the French referendum, massive speculative flows have continued to disrupt the functioning of the exchange rate mechanism. As Chairman of Ecofin I have tonight called an urgent meeting of the EC's monetary committee to consider how stability might be restored to the markets over the next few days.
In the meantime the Government has decided that Britain's best interests would be best secured by suspending our membership of the ERM with immediate effect. As a result, the second of the two interest rate rises announced today will not take effect.
Norman Lamont
Jonathan Ross: Good to see you - how's it hanging?
Julian Clary: Oh, very well thank you. Very nice of you to recreate Hampstead Heath for me here [laughter]. As a matter of fact, I've just been fisting Norman Lamont ... [prolonged laughter]
Ross: Let me ask you Julian ...
Clary: Talk about a red box.
Norman Lamont
There is something wrong with the way in which we make our decisions. The Government listen too much to the pollsters and the party managers. The trouble is that they are not even very good at politics, and they are entering too much into policy decisions. As a result, there is too much short-termism, too much reacting to events, and not enough shaping of events. We give the impression of being in office but not in power.
Norman Lamont
Norman Lamont
Photo:
Roger Harris,
CC BY 3.0
Occupation: British Politician
Born: May 8, 1942
Quotes count: 9
Wikipedia: Norman Lamont
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