Conservative

• Rt Hon. Margaret Hilda Thatcher OM, Member of Parliament for Finchley, 1959–92; Prime Minister and First Lord of the Treasury, 1979–90; Secretary of State for Education and Science, 1970–74; Leader of the Opposition, 1975–79.
• Rt Hon. Nicholas Ridley, Member of Parliament for Cirencester and Tewkesbury Division of Gloucestershire, 1959–92; Minister of State, Foreign and Commonwealth Office, 1979–81; Financial Secretary to HM Treasury, 1981–83; Secretary of State for Transport, 1983–86; for the Environment, 1986–89; for Trade and Industry, 1989–90.
• Rt Hon. Cecil Edward Parkinson, Member of Parliament for Hertsmere, 1983–92; (Enfield West, November 1970–74; Hertfordshire South, 1974–83); Secretary of State for Transport, 1989–90; Minister for Trade, Department of Trade, 1979–81; Paymaster General, 1981–83; Chancellor of the Duchy of Lancaster, 1982–83; Secretary of State for Trade and Industry, June–October 1983, for Energy, 1987–89. Chairman of Conservative Party, 1981–83.
• Rt Hon. George Kenneth Hotson Younger TD, Member of Parliament for Ayr, 1964–92; Minister of State for Defence, 1974; Secretary of State for Scotland, 1979–86; Secretary of State for Defence, 1986–89. Chairman, Conservative Party in Scotland, 1974–75.
• Rt Hon. John Edward Michael Moore, Member of Parliament for Croydon Central, 1974–92; Economic Secretary, June– October, 1983; Financial Secretary, 1983–86; Secretary of State for Transport, 1986–87; for Social Services, 1987–88; for Social Security, 1988–89.
• Rt Hon. Sir Ian Hedworth John Little Gilmour Bt, Member of Parliament for Chesham and Amersham, 1974–92 (Norfolk Central, November 1962–74); Minister of State for Defence Procurement, MOD, 1971–72; for Defence, 1972–74; Secretary of State for Defence, 1974; Lord Privy Seal, 1979–81.
• Rt Hon. Peter Edward Walker MBE, Member of Parliament for Worcester, 1961–92; Secretary of State for Wales, 1987–90; Minister of Housing and Local Government, June–October 1970; Secretary of State for the Environment, 1970–72; Trade and Industry, 1972–74; Minister of Agriculture, Fisheries and Food, 1979–83; Secretary of State for Energy, 1983–87.
• Rt Hon. Sir Richard Edward Geoffrey Howe QC, Member of Parliament for Surrey East, 1974–92 (Reigate, 1970–74); Solicitor–General, 1970–72; Minister for Trade and Consumer Affairs, DTI, 1972–74; Chancellor of the Exchequer, 1979–83; Secretary of State for Foreign and Commonwealth Affairs, 1983–89; Lord President of the Council, Leader of the House of Commons, and Deputy Prime Minister, 1989–90.
• Rt Hon. Nigel Lawson, Member of Parliament for Blaby, Leicestershire, 1974–1992; Financial Secretary to the Treasury, 1979–81; Secretary of State for Energy, 1981–83; Chancellor of the Exchequer, 1983–89.
• Rt Hon. Norman Beresford Tebbit CH, Member of Parliament for Chingford since 1974 (Epping, 1970–74); Minister of State, Department of Industry, 1981; Secretary of State for Employment, 1981–83; Trade and Industry, 1983–85; Chancellor of the Duchy of Lancaster, 1985–87; Chairman, Conservative Party, 1985–87.
• Rt Hon. Julian Amery, Member of Parliament for Brighton Pavilion, 1969–92; Preston North, 1950–66; Minister of Aviation, 1962–64; Minister of Public Building and Works, June–October 1970; Minister for Housing and Construction, DOE, 1970–72; Minister of State, FCO, 1972–74.

Labour

• Rt Hon. Peter Kingsley Archer QC, Member of Parliament for Warley West, 1974–92 (Rowley Regis and Tipton, 1966–74); Solicitor General, 1974–79; Chief Opposition Spokesman on Legal Affairs, 1979–82, on trade, 1982–83, on Northern Ireland, 1983–87.
• Rt Hon. Jack Ashley CH, Member of Parliament for Stoke–on–Trent, South, 1966–92; Secretary of State, DHSS, 1974–76. Member Labour Party National Executive Committee, 1976–78.
• Harry Ewing, Member of Parliament for Falkirk East, 1983–92 (Stirling and Falkirk, September 1971–74; Stirling, Falkirk and Grangemouth, 1974–83); Parliamentary Under–Secretary of State, Scottish Office, 1974–79.
• Rt Hon. Denis Winston Healey CH MBE, Member of Parliament for South East Leeds, February 1952–55, Leeds East, 1955–92; Deputy Leader of the Labour Party, 1980–83; Shadow Cabinet, 1959–64, 1970–74, 1979–87; Secretary of State for Defence, 1964–70; Chancellor of the Exchequer, 1974–79; Opposition Spokesman on Foreign and Commonwealth Affairs, 1980–87.
• Rt Hon. Denis Herbert Howell, Member of Parliament for Birmingham, Small Heath, 1961–92; Minister of State, Ministry of Housing and Local Government, 1969–70; Minister of State, DOE, 1974–79; Member Labour Party National Executive Committee, 1982–83.
• Rt Hon. Merlyn Rees, Member of Parliament for Morley and Leeds South, 1983–92 (South Leeds, June 1963–83); Member Shadow Cabinet, 1972–74; Secretary of State for Northern Ireland, 1974–76; Home Secretary, 1976–79.

Other

• Rt Hon. Bruce Bernard Weatherill, Speaker of the House of Commons, 1983–92. Managing Director, Bernard Weatherill Ltd., 1957–70. Member of Parliament for Croydon North-East, 1964–92 (elected Speaker in 1983); a Lord Commissioner of HM Treasury, 1970–71; Vice Chamberlain, HM Household, 1971–72; Comptroller of HM Household, 1972–73; Treasurer of HM Household and Deputy Chief Whip, 1973–74; Opposition Deputy Chief Whip, 1974–79; Chairman of Ways and Means and Deputy Speaker, 1979–83.
• Rt Hon. David Anthony Llewellyn Owen, Member of Parliament for Plymouth, Devonport, 1974–92 (Plymouth, Sutton, 1966–74) (Labour, 1966–81, SDP, 1981–90, Social Democrat, 1990–92); Minister of State, DHSS, 1974–76; FCO, 1976–77; Secretary of State for Foreign and Commonwealth Affairs, 1977–79; Opposition spokesman on Energy, 1979–80. Co–founder, SDP, 1981; Chairman, Party Committee, SDP, 1982–83; Leader, SDP, 1983–87.
• Dafydd Elis Thomas, Member of Parliament for Meirionnydd Nant Conwy, 1983–92 (Merioneth, February 1974–83); President, Plaid Cymru, 1984–91.
• Geraint Wyn Howells, Member of Parliament for Cardigan, 1974–83; Member of Parliament for Ceredigion and Pembroke North, 1983–92; Liberal Spokesman on Wales, 1985–88; Liberal Democrat Agriculture Spokesman, 1988–92; Member of Chairmen's Panel; Member of Select Committee House of Commons Services.

Dame Commander of the Order of the British Empire (DBE)

Civil Division

• Beatrice, The Baroness Serota of Hampstead in Greater London, A Deputy Speaker, House of Lords, 1985–92. Chairman of the House of Lords Select Committee on the European Communities and Principal Deputy Chairman of Committees, 1986–92.