Willoughby came from a Bristol mercantile family, and in 1813 succeeded to a baronetcy and the manor of Baldon in Oxfordshire, which had been purchased by his father, a successful experimental farmer.
Over the course of a long and active parliamentary career Willoughby gravitated towards Conservatism, but did not conform to a party line. At Westminster he ‘displayed great habits of business’ and, although not ‘in the front ranks of Parliamentary speakers’, (a ‘dull prosy speaker’, his oratory was not considered ‘particularly winning or impressive’), his regular contributions to debate ‘commanded the ear of the House’.
On entering the reformed Commons Willoughby was ‘a great supporter of church property’. He opposed the Irish church temporalities bill, 11 Mar. 1833, and Althorp’s proposal to replace church rates, 21 Apr. 1834, and while he broadly approved of the ministry’s Irish tithes bill, was strongly opposed to appropriation for secular purposes.
Willoughby was ‘very attentive to his parliamentary duties’ in this period, serving on select committees on the sale of beer, the Channel fisheries, hand-loom weavers’ petitions, the water supply of the metropolis, and election expenses.
Classed as a ‘Free Trade Conservative’ by Jones and Erickson, Willoughby was, however, no Peelite, and was ‘bitter in his hostility to the Whigs’.
It was said of Willoughby that his ‘passion is finance’, his dreams being ‘haunted by visions of irregular or unexplained balances in the Exchequer’. He became distinguished for the close attention he paid to government finances and was credited with doing much to simplify ‘the national accounts’.
Willoughby was particularly interested in savings bank institutions. In 1844 he was elected chairman of the representatives of a large number of these associations and led a deputation on the savings bank bill that May.
Although Willoughby was remembered as ‘an exceedingly industrious and active member’ and ‘constant in his attendance at the House’, his presence in the division lobby could be intermittent.
At the 1857 general election Willoughby defended the independent path he had taken in the Commons, and gave qualified support for the ballot and ‘an extended system of education’. He declared himself a supporter of Palmerston, in spite of having criticised the ministry’s conduct towards China, and supported Cobden’s motion of censure on Canton, 3 Mar. 1857.
During 1859-60 he sat on select committees on packet and telegraph contracts, and miscellaneous expenditure.
Willoughby’s ‘zealous participation’ in debates was undiminished when in 1864 he argued that the amount of taxation and expenditure during the previous five years had been ‘wholly unprecedented’ in the country’s history, thus making it appear that ‘the chief object of an Englishman was to pay taxes’.
