Image:
Lord Lamont speaking at PP Live on 17 May 2022
The UK economy’s continuing inflation coupled with slow growth will likely lead to a point of enduring ‘stagflation’ by the end of the year, according to former Conservative chancellor of the exchequer Norman Lamont.
Lamont acted as chancellor under prime minister John Major from 1990-1993, during which time he brought down inflation from 10.4% to below 2% by making what he called "savage, deeply unpopular" dec...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
