Editing Nigel Lawson (section)

==== Resignation ====
After a further year in office in these circumstances, Lawson felt that public criticism from Walters (who favoured a [[floating exchange rate]]) was making his job impossible and he resigned.<ref name=19891027guardian>{{cite news|last=Travis |first=Alan |url=https://www.theguardian.com/politics/1989/oct/27/past.christopherhuhne |title=Lawson sparks reshuffle |work=The Guardian |date= 27 October 1989|access-date=18 October 2009 |location=London}}</ref><ref>{{Cite news|date=1989-12-05|title=1989: Thatcher beats off leadership rival|language=en-GB|url=http://news.bbc.co.uk/onthisday/hi/dates/stories/december/5/newsid_2528000/2528339.stm|access-date=2023-04-10}}</ref> He was succeeded in the office of chancellor by [[John Major]].<ref>{{cite web |title=John Major |url=http://www.number10.gov.uk/history-and-tour/prime-ministers-in-history/john-major |publisher=[[10 Downing Street]] |archive-url=https://web.archive.org/web/20081011051246/http://www.number10.gov.uk/history-and-tour/prime-ministers-in-history/john-major |archive-date=11 October 2008}}</ref>

Lawson's six-year tenure as Chancellor of the Exchequer was longer than that of any of his predecessors since [[David Lloyd George]], who served from 1908 to 1915.<ref>{{cite news |title=The long and the short of stewardship at No11 |url=http://business.timesonline.co.uk/tol/business/article442274.ece |work=[[The Times]] |date=6 June 2004 |archive-url=https://web.archive.org/web/20110611235646/http://business.timesonline.co.uk/tol/business/article442274.ece |archive-date=11 June 2011}}</ref> Both men's records were subsequently beaten by Labour's [[Gordon Brown]], who was chancellor from 1997 to 2007.<ref>{{cite encyclopedia |title=Gordon Brown |url=https://www.britannica.com/biography/Gordon-Brown |encyclopedia=Encyclopædia Britannica |access-date=4 April 2023 |date=16 February 2023}}</ref>