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Nigel Lawson

Nigel Lawson Biography

Politician

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“The successful sale of British Telecom... reveals a vast and untapped yearning among ordinary people for a direct stake in the ownership of British enterprise. Investment in shares has begun to take its place, with ownership of a home and either a bank or building society deposit, as a way for ordinary people to participate in enterprise and wealth creation. We are seeing the birth of people's capitalism.”

PeopleWayHomeWealthSuccessfulSeeingShareCreationBuildingBirthOrdinaryCapitalismDirectInvestmentBritishEnterpriseStakesYearningOwnershipOrdinary PeopleWealth CreationDepositsTelecom
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“During the 1960s, and again in the 1970s, growth in manufacturing productivity in the United Kingdom was the lowest of all the seven major industrial countries in the world. During the 1980s, our annual rate of growth of output per head in manufacturing has been the highest of all the seven major industrial countries.”

WorldHas BeensCountryGrowthUnitedMajorsHighestSevenRateProductivityKingdomsLowest1960sManufacturingAnnualsOutputUnited Kingdom
Author:Nigel Lawson
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“The fears of recession in the aftermath of Black Monday have turned to fears of the economy racing ahead too fast, with inflation edging up and a substantial current account deficit... People understandably feel more confident about their future than they've done for decades, but as a result they have been borrowing more and saving less... Coming on top of a massive income investment boom, it's all been just a bit too much of a good thing.”

PeopleFeelsHas BeensDoneBitsBlackResultsEconomyToo MuchAccountsGood ThingsInvestmentCurrentsDecadesIncomeSavingMassiveRacingMondayInflationDeficitRecessionsBorrowingAftermathToo Much Of A Good Thing
Author:Nigel Lawson
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“I was frequently embarrassed by the way Margaret conducted herself within the European Community. Her tactics were counter-productive and damaging to the UK's interests. On most issues her approach was foolish. Her style and tone of voice came to irk the others so much that they instinctively sank their differences and joined forces against her.”

WayForceVoiceInterestCommunityDifferencesIssuesStyleApproachFoolishToneProductiveEmbarrassedTactics
Author:Nigel Lawson
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