Terence Thomas, Baron Thomas of Macclesfield explained

Terence James Thomas, Baron Thomas of Macclesfield, (19 October 1937  - 1 July 2018) was a British politician and banker, member of the Labour and Co-operative parties.

Career

Thomas was a pupil at Queen Elizabeth Grammar School in Carmarthen, where his father (William Emrys Thomas 1911–1993) was a transport manager and his mother (Mildred Evelyn née James) ran a greengrocery. He did his national service in the army, serving at Shrapnel Barracks in Woolwich, south east London. He then joined the National Provincial Bank.[1]

Thomas joined the Co-operative Bank in 1973 as marketing manager. He served as chief executive of the bank for nine years, before retiring in the late 1990s.[2] He suffered a stroke in 1999; in his 2010 autobiography, he says this was caused by a hole in the heart of which he had been unaware.

He was Chairman of the East Manchester Partnership (1990–1996) and founding Chairman of the North West Partnership. Thomas later served as Chair of Capita Group (1997–98). He was a member of the House of Lords Monetary Policy & European Affairs Select Committees. He is a member of the Regional Policy Forum, President of the Society for Co-operative Studies, Honorary President of the North West Co-operative and Mutual Council and Life President of the North West Business Leadership Team.

He died on 1 July 2018 at the age of 80.[3]

Honours

Having been appointed a Commander of the Order of the British Empire (CBE) in the 1997 Birthday Honours, he was created a life peer as Baron Thomas of Macclesfield, of Prestbury in the County of Cheshire on 5 November 1997. He sat in the House of Lords until 18 May 2016, at which point he ceased to be a member pursuant to section 2 of the House of Lords Reform Act 2014, having failed to attend during the whole of the 2015-16 session without being on leave of absence.[4]

Escutcheon:Azure three bars potenty on the upper edge Argent fracted and parted by three garbs in pale Or.
Crest:A demi-lion with dragon's wings Gules holding in the sinister paw three daffodils Or slipped Argent.
Supporters:On either side a dragon Gules dimidating fesswise a lion also Gules each gorged with a plain collar attached thereto a chain reflexed over the back and holding in the exterior forepaw three daffodils also Or slipped Argent.
Motto:An Inclusive Community With Integrity [5]

Further reading

Notes and References

  1. News: A Man of Integrity. 8 November 2017. Manchester Evening News. 19 April 2010.
  2. News: How the Co-op Bank was almost sold for £110m. 13 April 2015. thenews.coop. dead. https://web.archive.org/web/20110830231929/http://thenews.coop/news/Wider%20Co-op%20Movement/1427. 30 August 2011.
  3. https://www.manchestereveningnews.co.uk/business/business-news/terry-thomas-co-operative-bank-14869038 Tributes paid to ethical banking giant Lord Terry Thomas
  4. News: Four absent peers cease to be House of Lords members . BBC News. May 20, 2016.
  5. Book: Debrett's Peerage & Baronetage . 2000.