Peter Hordern

Sir Peter Maudslay Hordern,

Early life

Hordern was born on 18 April 1929,

Stock Exchange

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Political career

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Hordern served as

Hordern was a member of the Public Accounts Committee from 1970 to 1987, Chairman of the Finance Committee from 1970 to 1972 and Chairman of the Public Accounts Commission from 1988 to 1997. He was appointed to the Executive of the 1922 Committee in 1967, later becoming Secretary of the 1922 Committee and Chairman of the Conservative backbench Committee on Europe.

Colin Welch described him as "the ablest Tory never to have been a minister". Andrew Roth's Parliamentary Profiles (1987–1991) describes him as "Widely respected, well-connected, principled Rightwing, monetarist City gent; a hard-headed long term thinker; a devout believer in sanctity of tight money" and as saying "I was not only one of the first in this House to be a monetarist...I confidently expect to be about the last." Ahead of the high inflation of the mid-1970s, he attacked (with some prescience) the Bank of England in 1970 for insufficient monetary restraint and (while Chairman of the Finance Committee) both publicly opposed Chancellor Anthony Barber's over-expansion of monetary supply in April 1971 and attacked the Heath Government's "absurd" proposals for a statutory prices and incomes policy.

Other work

Hordern was appointed a director of Petrofina UK PLC in 1973 and chairman in 1987. He was appointed a director of F&C Smaller Companies Investment Trust, plc in 1978, and as chairman in 1986. He was appointed a director of TR Technology Investment Trust in 1985 (formerly Atlas Electric and General Trust). In 1982 he was appointed a consultant to Fisons PLC and a consultant to House of Fraser PLC and Pannell Kerr Forster in 1984.^{[citation needed]}

Personal life and death

Hordern married Elizabeth Susan Chataway (sister of Sir Christopher Chataway) in 1964. They had two sons and one daughter: Andrew Charles Hugh Hordern (1965–2009); James Peter Hordern (born 1967); and Sara Victoria Margaret (born 1971).^{[citation needed]}

Hordern died on 18 April 2024, his 95th birthday.^[4]

References