Lord Lawson of Blaby
Main Page: Lord Lawson of Blaby (Conservative - Life peer)Last week there was an event in the Royal Gallery in your Lordships’ House concerning the Waterloo victory and at which the present Duke of Wellington was present. However, I take note of what the noble Lord said.
My Lords, when I became Financial Secretary to the Treasury in 1979, this was one of my delegated responsibilities under Chancellor Geoffrey Howe, and I thought that it was absolutely ridiculous to waste all this time on all this nonsense. I am glad to say that I was successful in persuading the present Lord Howe that this system should be changed and we should just cut the Foreign Office budget and leave it to decide how it is going to meet it.