Latham was elected to the Churchill Ward on Westminster City Council in 1968. He did not stand at the subsequent election in 1971, but became the Conservative MP for Melton in February 1974. In 1983, following boundary changes, was elected to represent Rutland and Melton, before standing down in 1992.
In 1994, he wrote the influential joint government and industry report on the UK construction industry, 'Constructing the Team' (known as the Latham Report). In it he advocated partnerships within the fragmented and highly contentious construction industry. More significantly, he made many recommendations as to how conflict could be minimised within the industry. Such was the nature and extent of these recommendations that Mr Justice Jackson later described the report as "the whirlwind which hit the construction industry".
After standing down from parliament he has held numerous positions in the construction industry including chairman of the Construction Industry Training Board (2002–10), chairman of ConstructionSkills (2003–10), chairman, then deputy chairman of Willmott Dixon Limited (1999–2002, 2002–09), chairman of Collaborative Working Centre Limited (since 2003) and deputy chairman of BIW Technologies (2000–05).
- "List of Fellows". Royal Academy of Engineering.
- Boothroyd, David. "Churchill Ward 1964-". www.election.demon.co.uk. Retrieved 28 January 2019.
- "Latham, Sir Michael (Anthony)". Who's Who. A & C Black/Oxford University Press. 2012. Retrieved 30 January 2013.
- Latham, Michael (1994). Constructing the Team. Final Report of the Government/Industry Review of Procurement and Contractual Relationships in the United Kingdom Construction Industry. London: HMSO.
- Jackson, Justice (2006). "The Tower of Babel: what happens when a building project goes wrong?". Construction Law Journal. 24 (2): 87–94 .
- "No. 53153". The London Gazette (Supplement). 30 December 1992. pp. 1–2.