The Viscount Amory
Chancellor of the Exchequer
In office
6 January 1958 – 27 July 1960
Prime MinisterHarold Macmillan
Preceded byPeter Thorneycroft
Succeeded bySelwyn Lloyd
Minister of Agriculture, Fisheries and Food
In office
28 July 1954 – 6 January 1958
Prime MinisterWinston Churchill
Anthony Eden
Harold Macmillan
Preceded byThomas Dugdale
Succeeded byJohn Hare
Minister of State for Trade
In office
3 September 1953 – 28 July 1954
Prime MinisterWinston Churchill
Preceded byOffice Created
Succeeded byDerek Walker-Smith
Minister of Pensions
In office
5 November 1951 – 3 September 1953
Prime MinisterWinston Churchill
Preceded byGeorge Isaacs
Succeeded byOsbert Peake
Member of Parliament
for Tiverton
In office
5 July 1945 – 1 September 1960
Preceded byGilbert Acland-Troyte
Succeeded byRobin Maxwell-Hyslop
Personal details
Born(1899-12-26)26 December 1899
London, England
Died20 January 1981(1981-01-20) (aged 81)
Chevithorne, Devon, England
Political partyConservative
Alma materChrist Church, Oxford
Military career
Allegiance United Kingdom
Service/branch British Army
Years of service1920–1948
Battles/warsSecond World War

Derick Heathcoat-Amory, 1st Viscount Amory, KG, GCMG, TD, PC, DL, OD (/ˈməri/ AY-mər-ee;[1] 26 December 1899 – 20 January 1981) was a British Conservative politician and member of the House of Lords.

He served as Chancellor of the Exchequer between 1958 and 1960, and later as Chancellor of the University of Exeter from 1972 until his death in 1981.

Background and education

Derick Heathcoat-Amory was born in London on 26 December 1899, the son of Sir Ian Heathcoat-Amory, 2nd Baronet (see Heathcoat-Amory baronets) and Alexandra Georgina (OBE; who d. 1942), eldest daughter of Vice-Admiral Henry Seymour CB (brother of Francis, 5th Marquess of Hertford GCB).[2]

He was educated at Ludgrove School[3] followed by Eton College and Christ Church, Oxford, receiving an MA degree.[4]

His great-nephews include the Rt Hon David Heathcoat-Amory and Sir Ian Heathcoat-Amory, 6th and present baronet.[5] A great-aunt was the sculptor Princess Victor of Hohenlohe-Langenburg, Countess von Gleichen.


Heathcoat-Amory was elected a Devon County Councillor in 1932 and worked in textile manufacturing and banking. He was commissioned a second lieutenant in the 11th (Devon) Army Brigade, Royal Field Artillery (Territorial Army) on 31 July 1920, promoted to lieutenant in the regiment (by then the 96th (Royal Devonshire Yeomanry) Field Brigade) on 31 July 1922 and promoted to captain on 1 September 1926.[6][7][8] He was promoted to major on 1 October 1935.[9] During the Second World War, he was wounded and captured during Operation Market-Garden. He retired on 1 September 1948 with the honorary rank of lieutenant-colonel.[5][10]

He was elected Member of Parliament for Tiverton in 1945 (a constituency previously held by his grandfather Sir John Heathcoat-Amory, 1st Baronet).[11] When the Conservatives came to power under Winston Churchill in 1951 he was appointed Minister of Pensions. In September 1953 he was appointed Minister of State for Trade. He joined Churchill's Cabinet in July 1954 succeeding Sir Thomas Dugdale as Minister of Agriculture and Fisheries (continuing his responsibilities as Minister of State for Trade). In October 1954 these ministries merged under Heathcoat-Amory's leadership. The Hon. Gwilym Lloyd George later Viscount Tenby had previously been charged with Food ministerial affairs. He remained in this post until being appointed Chancellor of the Exchequer in 1958, by Harold Macmillan, an office he held until 1960. A highlight of Amory's chancellorship was the raising of the Bank Rate to 6% in June 1960, in an effort to cool the economy after the election the previous autumn.[12]

He stood down from the House of Commons in 1960 and was raised to the peerage as Viscount Amory, of Tiverton in the County of Devon, on 1 September of that year.[13] From 1965 to 1970, he was Governor (Company Chairman) of the Hudson's Bay Company, North America's oldest company (established by English royal charter in 1670). Viscount Amory was sworn of the Privy Council in 1953, and appointed GCMG in 1961 and KG in 1968.[14] He also received the degree of Hon. LLD (Exon) in 1959, before serving as Chancellor of Exeter University from 1972 to 1981.

Personal life

Heathcoat-Amory was an accomplished sailor, who had his yacht brought up the Thames to take him away after making Budget speeches when Chancellor of the Exchequer. The Civil Service Sailing Association continues to award the annual Heathcoat Amory Trophy (donated by Viscount Amory) for outstanding sailing achievements by its members.[citation needed]

In 1972, Lord Amory succeeded his brother in the family baronetcy; he died unmarried at his home in Chevithorne on 20 January 1981, aged 81.[2] The viscountcy became extinct upon his death and his younger brother succeeded him as Sir William Heathcoat-Amory, 5th Baronet, DSO.[2]


Coat of arms of Derick Heathcoat-Amory, 1st Viscount Amory, KG, GCMG, TD, PC, DL, OD
A Viscount's Coronet
1st Out of the battlements of a tower Or a talbot's head Azure charged with two annulets fesswise fretted Or (Amory); 2nd on a mount Vert between two roses growing therefrom Gules barbed seeded slipped and leaved proper a pomme charged with a cross Or (Heathcoat). (not displayed at left)
Quarterly 1st and 4th Argent two bars Gules on a bend engrailed cottised Sable two annulets Argent (Amory); 2nd and 3rd Vert on each of three piles issuant two in chief and one in base Or a pomme charged with a cross Or (Heathcoat).
Two weaver birds proper membered Or the dexter gorged with a chain pendant therefrom a portcullis Or, the sinister gorged with a chord pendant therefrom a purse also Or. (not displayed at left)
AMORE NON VI (not displayed at left)

National honours

See also


  1. ^ G.M. Miller, BBC Pronouncing Dictionary of British Names (Oxford UP, 1971), p. 5.
  2. ^ a b c Ramsden, John (2004). "Amory, Derick Heathcoat, first Viscount Amory (1899–1981), industrialist and politician". Oxford Dictionary of National Biography (online ed.). Oxford University Press. doi:10.1093/ref:odnb/30760. (Subscription or UK public library membership required.)
  3. ^ Barber, Richard (2004). The Story of Ludgrove. Oxford: Guidon Publishing. p. 189. ISBN 0-9543617-2-5.
  4. ^ The Complete Peerage Volume XIV, page 830
  5. ^ a b
  6. ^ "No. 32023". The London Gazette (Supplement). 17 August 1920. p. 8561.
  7. ^ "No. 32750". The London Gazette. 26 September 1922. p. 6843.
  8. ^ "No. 33228". The London Gazette. 10 December 1926. p. 8103.
  9. ^ "No. 34207". The London Gazette. 11 October 1935. p. 6378.
  10. ^ "No. 39151". The London Gazette (Supplement). 16 February 1951. p. 910.
  11. ^ " House of Commons: Tipperary South to Tyrone West". Archived from the original on 15 July 2018. Retrieved 15 September 2010.((cite web)): CS1 maint: unfit URL (link)
  12. ^ Dell 1997, p256
  13. ^ "No. 42133". The London Gazette. 2 September 1960. p. 6019.
  14. ^ "No. 44571". The London Gazette. 23 April 1968. p. 4645.

Further reading

Parliament of the United Kingdom Preceded byGilbert Acland-Troyte Member of Parliament for Tiverton 19451960 Succeeded byRobin Maxwell-Hyslop Political offices Preceded byGeorge Isaacs Minister of Pensions 1951–1953 Succeeded byOsbert Peake New office Minister of State for Trade 1953–1957 Succeeded byDerek Walker-Smith Preceded bySir Thomas Dugdale, Bt Minister of Agriculture and Fisheries 1954 Succeeded bymergedas Minister of Agriculture, Fisheries and Food Preceded bymergedas Minister of Agriculture and Fisheries Minister of Agriculture, Fisheries and Food 1954–1958 Succeeded byHon. John Hare Preceded byHon. Gwilym Lloyd Georgeas Minister of Food Preceded byPeter Thorneycroft Chancellor of the Exchequer 1958–1960 Succeeded bySelwyn Lloyd Academic offices Preceded byThe Duchess of Devonshire Chancellor of the University of Exeter 1972–1981 Succeeded bySir Rex Richards Peerage of the United Kingdom New creation Viscount Amory 1960–1981 Extinct Baronetage of the United Kingdom Preceded byJohn Heathcoat-Amory Baronet(of Knightshayes Court)  1972–1981 Succeeded byWilliam Heathcoat-Amory