He said he would never take a seat in the Upper House, and then did! (popular belief is that he did so because he'd cheated on Pauline and it was his way of apologising to her)

Because of what happened to the pound when it was in the ERM, I think you mean.
i.e. Lamont sat in his office without even a TV to watch the currency markets and, as runners kep coming in to tell how much further the pound had fallen, kept throwing money at it, impotently waiting and waiting for instructions from the equally vacuous Major who didn't even contact him.
Then Lamont had the brass neck to say he'd never actually been keen on the ERM anyway ... didn't stop him from taking the job did it?

Yeah ... I think Blair had a point about Tory economic credibility after that, actually.

When I met the Taffy tw@ I asked him if he used to work for Cunard, He said "Now listen 'ere son, I still work f'kin 'ard"