The Right Honourable The Lord Barber TD PC DL |
|
---|---|
Chancellor of the Exchequer | |
In office 25 July 1970 – 4 March 1974 |
|
Prime Minister | Edward Heath |
Preceded by | Iain Macleod |
Succeeded by | Denis Healey |
Chancellor of the Duchy of Lancaster | |
In office 20 June 1970 – 25 July 1970 |
|
Prime Minister | Edward Heath |
Preceded by | George Thomson |
Succeeded by | Geoffrey Rippon |
Chairman of the Conservative Party | |
In office 10 January 1967 – 20 June 1970 |
|
Leader | Edward Heath |
Preceded by | Edward du Cann |
Succeeded by | Peter Thomas |
Minister of Health | |
In office 20 October 1963 – 16 October 1964 |
|
Prime Minister | Alec Douglas-Home |
Preceded by | Enoch Powell |
Succeeded by | Kenneth Robinson |
Financial Secretary to the Treasury | |
In office 16 July 1962 – 20 October 1963 |
|
Prime Minister | Harold Macmillan |
Preceded by | Edward Boyle |
Succeeded by | Alan Green |
Economic Secretary to the Treasury | |
In office 22 October 1959 – 16 July 1962 |
|
Prime Minister | Harold Macmillan |
Preceded by | Frederick Erroll |
Succeeded by | Edward du Cann |
Member of Parliament for Altrincham and Sale |
|
In office 10 June 1965 – 10 October 1974 |
|
Preceded by | Frederick Erroll |
Succeeded by | Fergus Montgomery |
Member of Parliament for Doncaster |
|
In office 25 October 1951 – 15 October 1964 |
|
Preceded by | Raymond Gunter |
Succeeded by | Harold Walker |
Personal details | |
Born |
Anthony Perrinott Lysberg Barber 4 July 1920 Doncaster, England |
Died | 16 December 2005 Suffolk, England |
(aged 85)
Political party | Conservative |
Alma mater |
Oriel College, Oxford Middle Temple |
Occupation | Politician |
Military service | |
Service/branch | British Army / Royal Air Force |
Years of service | 1939−1945 |
Rank | Lieutenant / Pilot officer |
Unit | Royal Artillery / Photographic Reconnaissance Unit RAF |
Battles/wars | World War II, POW 1942-1945 |
Anthony Perrinott Lysberg Barber, Baron Barber of Wentbridge TD PC DL (4 July 1920 – 16 December 2005) was a British Conservative politician who served as Chancellor of the Exchequer.
He studied at Oxford and was elected as MP for Doncaster in 1950.
Barber held various posts in government under Harold Macmillan, including Economic Secretary to the Treasury, Financial Secretary to the Treasury and Minister of Health. After losing his seat in 1964, he won the 1965 by-election in Altrincham and Sale and returned to Parliament.
Barber was appointed as Chancellor by Edward Heath in 1970, and oversaw a major liberalisation of the banking system, replaced purchase tax and Selective Employment Tax with Value Added Tax, and also relaxed exchange controls. During his term the economy suffered due to stagflation and industrial unrest, including a miners strike which led to the Three-Day Week. In 1972 he delivered a budget which was designed to return the Conservatives to power in an election expected in 1974 or 1975. This budget led to a period known as "The Barber Boom". The measures in the budget led to high inflation and wage demands from public sector workers. He was forced to introduce anti-inflation measures, along with a Prices Commission and a Pay Board. After the Conservatives lost the first election in 1974, he did not stand in the second election of that year. Barber became Chairman of Standard Chartered Bank until 1987 and died in 2005.