Peter Truscott, Baron Truscott

Quick Facts

Full Name	Peter Truscott, Baron Truscott
Occupation	Politician
Date Of Birth	Mar 20, 1959(1959-03-20)
Age	65
Birthplace	Newton Abbot
Country	United Kingdom
Birth City	Newton Abbot
Horoscope	Aries

Peter Truscott, Baron Truscott Biography

Peter Truscott, Baron Truscott is one of the most popular and richest Politician who was born on March 20, 1959 in Newton Abbot, Newton Abbot, United Kingdom. Peter Derek Truscott, Baron Truscott (born 20 March 1959) is a British petroleum and mining consultant, independent member of the House of Lords and writer. He was a Labour Member of the European Parliament (MEP) from 1994 to 1999 and was elevated to the peerage in 2004. He has written on Russia, defence and energy, and works with a variety of companies in the field of non-renewable resource extraction.

In 2007 Truscott made a speech to a coal industry conference in his capacity as a DTI minister restating the government’s strong support for the continued use of coal in electricity generation, a controversial policy opposed by scientists and campaigners such as climatologist James E. Hansen. While in the House of Lords, Truscott was judged by the Public Whip to have voted “very strongly against” efforts to strengthen the Climate Change Act 2008, opposing all of the following: the target of an 80% reduction in emissions by 2050, the aim to prevent warming of more than 2 °C (the figure most commonly cited in discussions about avoiding runaway climate change), making the UK’s annual statement on emissions the responsibility of the Prime Minister, and reporting on the international impact of the UK’s emissions. He has also voted “strongly for” the Identity Cards Act 2006.

He resigned from the Labour Party in May 2009, and now sits as a non- affiliated member of the House of Lords.

In May 2009, it was alleged that the small flat in Bath that Lord Truscott calls his main residence was unoccupied and looked deserted. Classifying this flat as his main residence had entitled him to claim an annual £28,000 per year public subsidy of his £700,000 Mayfair flat, amounting to £125,000 over four years.

Having failed to win re-election to the European Parliament, Truscott was created a life peer on 10 June 2004 as Baron Truscott, of St. James’s in the City of Westminster. From 2006 to 2007 he was Parliamentary Under-Secretary of State for Energy at the Department of Trade and Industry (DTI) and the DTI government spokesperson in the House of Lords. Truscott is currently Parliamentary British Council Ambassador to the Russian Federation and republics of the former Soviet Union. He is a member of the House of Lords European Union Select Committee, Sub Committee C (Foreign Affairs, Defence and Development Policy). He was formerly a visiting research fellow with the Institute for Public Policy Research and an associate fellow of the Royal United Services Institute for Defence and Security Studies.

Peter Truscott, Baron Truscott Net Worth

Peter Truscott, Baron Truscott is one of the richest Politician from United Kingdom. According to our analysis, Wikipedia, Forbes & Business Insider, Peter Truscott, Baron Truscott 's net worth $5 Million. (Last Update: December 11, 2023)

Truscott was born in Newton Abbot, Devon and educated at Exeter College, University of Oxford. He received a BA in modern history in 1981, followed by a DPhil in 1985. In 1991, he met and rapidly married Svetlana Chernikov, daughter of a Red Army colonel. By 2008, the couple owned a £1 million apartment in Mayfair, a flat in Bath and property in Russia.

After completion of his doctorate, Truscott was a political organiser for the Labour Party from 1986 to 1989, and a councillor in Colchester from 1988 to

1992. He contested Torbay for the Labour Party in 1992, coming third with 5,503 votes (9.59%). He then went on to represent Hertfordshire in the European Parliament from 1994 to 1999. He was a member of the Foreign Affairs Committee, the Security Sub-Committee, and the delegation for relations with the Russian Federation throughout his time in the European Parliament, and was also the UK Government’s spokesperson on foreign affairs and defence in the Parliament from 1997 to 1999.

Truscott became a consultant and non-executive director working mainly with non-renewable resource extraction and public affairs companies throughout Europe and Russia. He developed a client list including Eastern Petroleum Corporation, controlled by the controversial Frank Timiş and another Timiş outfit: African Minerals, Gavin Anderson and Company, Opus Executive Partners, Gulf Keystone Petroleum Ltd, African Minerals Ltd, Landis & Gyr and his own consultancy firm, Energy Enterprises Ltd. Together with his wife, he bought 1,000,000 shares in Gulf Keystone Petroleum, which they bought in September 2008 at 20.75p per share, selling half of these in April 2010 for 85.22 pence per share. He additionally owns shares above the £50,000 registration minimum in African Minerals Ltd.

Height, Weight & Body Measurements

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Who is Peter Truscott, Baron Truscott Dating?

According to our records, Peter Truscott, Baron Truscott is possibily single & has not been previously engaged. As of December 1, 2023, Peter Truscott, Baron Truscott’s is not dating anyone.

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The Lords Privileges Committee subsequently recommended (on 14 May) that Lord Truscott be suspended from the House. The investigation into the allegations concluded Lord Truscott had broken rules on exercising parliamentary influence in return for money by agreeing to “smooth the way” for lobbyists, make introductions to other peers and ministers and to lobby officials. In a BBC interview on 14 May, Lord Truscott stated that “I apologise for being entrapped and for using loose language”. On 20 May the House of Lords considered the Privileges Committee report and voted to suspend Lord Truscott and Lord Taylor of Blackburn for six months, the first such action since the 17th century.

Facts & Trivia

Peter Ranked on the list of most popular Politician. Also ranked in the elit list of famous people born in United Kingdom. Peter Truscott, Baron Truscott celebrates birthday on March 20 of every year.