Walter Layton, 1st Baron Layton

Walter Thomas Layton, 1st Baron Layton, CH, CBE (* March 15, 1884 London, † February 14, 1966 London ) was a British newspaper editor and political economist.

Life

Layton attended King 's College School and Westminster School, and then studied at University College London and at Trinity College, Cambridge. At the latter college he then taught economics before he moved to the Gonville and Caius College.

During the First World War Layton worked at the Ministry of Munitions. From 1922 to 1938 he was editor of the Economist, and later from 1944 to 1963 Managing Director of The Economist Newspaper Ltd..

Layton was chairman of the eponymous expert committee to find solutions for the recovery of the German credit by the banking crisis. His report is regarded as the beginning of the end of German reparations. During World War II he worked in the Ministry of Supply and the Ministry of Production.

From 1949 to 1957 Layton was Vice-President of the Parliamentary Assembly of the Council.

Family and honors

Layton married in 1910 Eleanor Dorothea Osmaston, with whom he had seven children.

After he had been raised as early as 1930 Knight Bachelor him the dignity of a Baron Layton was awarded in 1947.

Layton died in 1966, the barony passed to his eldest son.