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He added: "A founding member of our party, Dick was a passionate European who inspired us all with his sharp intelligence and incredible experience in government, politics and beyond over many decades." In a statement, Lord Taverne's family said: "He died peacefully early this morning at home in London. He was a much loved and loving husband, father and grandfather. We will all miss him enormously." Lord Taverne famously won the 1973 Lincoln by-election as a Democratic Labour candidate, having resigned from the Labour party over his stance on the European Common Market. He lost his Lincoln seat in the general election held in October 1974. Lord Taverne was appointed the first director of the Institute for Fiscal Studies in 1970, and he was appointed to the House of Lords in 1996. He is survived by his wife of 70 years, Janice, and daughters Suzanna and Caroline.