Lord Aeneas Simon Mackay

Aeneas Simon Mackay, the 15th Lord Reay, an investment banker, was successful in being elected to the House of Lords on Tuesday 22 January 2019.

Only 92 hereditary peers remain in the House of Lords since the changes instigated by Tony Blair in 1999.

When a hereditary peer dies or retires, there is an election to find their replacement. Only hereditary peers are eligible to stand in that election and only members of the House of Lords vote.

The latest election was held to replace Tory Lord Skelmersdale, an Old Etonian who sat in the Lords for 44 years before his death in October.

In all, there were 16 candidates including 10 Conservatives, five independent crossbenchers and one unaffiliated.

In total 259 peers voted and Lord Reay won with 110 votes, beating the second-placed Earl of Leicester who received 93 votes.

In his manifesto, Lord Reay says: “My expertise derives from 30 years in the financial services sector in London and New York, at investment banks and boutique corporate firms (including my own), with a focus on advising UK and international businesses. I am a board member of three technology companies.

“Based predominantly in London and partially in rural Lancashire, I will be able to devote as much time to the House as required.”

Lord Reay follows his father, Lord Hugh William, Reay, the 14th Lord Reay in the House of Lords. Lord Hugh Reay, together with Lady Saltoun, were the only “Lords of Parliament” who sat in the Lords. He sat as an appointed Member of the European Parliament from 1973 until the first elections in 1979 and was subsequently appointed as a House of Lords whip in 1989 by Margaret Thatcher. In 1991, he was moved by her successor, John Major, to the Department of Trade and Industry as a Parliamentary Under Secretary of State, but he left the government at the 1992 general election.

With the passage of the House of Lords Act 1999, Lord Reay along with almost all other hereditary peers lost his automatic right to sit in the House of Lords, however, he was one of the 92 elected hereditary peers to remain in the House of Lords pending completion of House of Lords reform.

Whittington is proud that another Lord Reay has been elected to the House. Our good wishes go to him.

John Keegan

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