Edward Spencer was the son of Robert Spencer, 1st Baron Spencer of Wormleighton and his wife Margaret Willoughby the daughter of Sir Francis Willoughby and Elizabeth Lyttelton. He was baptised at Brington on 2 March 1594. He matriculated at Corpus Christi, Oxford on 13 November 1609, aged 14 and was awarded BA on 18 February 1612. In 1618 he was called to the bar at Lincoln's Inn.
In 1621, Spencer was elected Member of Parliament for Brackley. He was re-elected MP for Brackley in 1624 and 1625. He was of Boston Manor when he was knighted at Hampton Court on 27 December 1625. In 1626 he was elected MP for Middlesex. He was re-elected MP for Middlesex in May 1648 as a recruiter to the Long Parliament, but was excluded under Pride's Purge in December.
Spencer died at the age of 61 and was buried at Great Brington, Northamptonshire
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