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Former Conservative deputy leader Michael Ancram has taken his seat in the House of Lords, following 26 years as an MP.
The Earl of Ancram was one of two Tory peers introduced to the upper house today, along with HSBC chairman Stephen Green.
Ancram, 65, served as a Conservative MP for several constituencies from February 1974 before standing down at the 2010 general election.
The former party chair and one-time leadership contender has been given a life peerage as Lord Kerr of Monteviot - a hereditary peer as the 13th Marquess of Lothian.
His new title his based on his surname, which is Kerr and will also, been known as his courtesy title the Earl of Ancram.
HSBC chairman Stephen Green also took his seat having announced in September that he would be standing down in his role to become a trade minister in the new year.
Lord Green of Hurstpierpoint will be standing down as chair of the bank next month after 28 years with the group.
Green, a lay preacher, has been executive chairman of HSBC since 2006 and steered the bank through the havoc of the financial crisis.
He will not take a salary as trade minister and will also be stepping down from roles in the BBA, CBI, BASF and ICC.
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