Peter Thorneycroft, Baron Thorneycroft

Peter Thorneycroft, Baron Thorneycroft

Chancellor
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Peter Thorneycroft, Baron Thorneycroft

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George Edward Peter Thorneycroft, Baron Thorneycroft CH, PC (26 July 1909 – 4 June 1994), was a British Conservative Party politician. He served as Chancellor of the Exchequer between 1957 and 1958.

Biography

Thorneycroft was educated at Eton and the Royal Military Academy, Woolwich. After service in the Royal Artillery from 1931 until 1933 he was called to the bar for Inner Temple. He entered Parliament in a 1938 by-election as Member of Parliament (MP) for the borough of Stafford. During the Second World War he served with the Royal Artillery and the general staff. Along with other members of the Tory Reform Committee, Thorneycroft pressed his party to support the Beveridge Report. He served in the Conservative caretaker government of 1945 as Parliamentary Secretary at the Ministry of War Transport. In the 1945 general election, he lost his seat to his Labour opponent, Stephen Swingler, but returned in a by-election for Monmouth a few months later.

Throughout the late 1940s Thorneycroft worked assiduously to refurbish the Conservative Party after its disastrous defeat in the 1945 general election. His opposition to the Anglo-American loan in the Commons earned him a reputation as a parliamentary debater, and when the Conservatives returned to power after the general election of 1951 Thorneycroft was named President of the Board of Trade. He was instrumental in persuading the government in 1954 to abandon the party's support for......
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