
Nigel Lawson, the tax-cutting U.K. Treasury chief under the late Margaret Thatcher and a lion of Conservative politics in the late 20th century has died. He was 91.
Lawson, who led the Treasury from 1983 to 1989, spearheaded the drive to place key public sector companies into private control. He also modernized financial markets in what became known as the Big Bang of deregulation, which strengthened London's position as a global financial hub.