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The Chancellor of the Exchequer, often abbreviated to Chancellor, is a senior minister of the Crown within His Majesty's Government, and head of His Majesty's Treasury. As one of the four Great Offices of State, the chancellor is a high-ranking member of the British Cabinet.
Ministerial role. Chancellor of the Exchequer. Organisations : HM Treasury. Current role holder : The Rt Hon Jeremy Hunt. Responsibilities. The Chancellor of the Exchequer is the government’s...
Until 1827, the First Lord of the Treasury, when a commoner, also held the office of Chancellor of the Exchequer, while if the First Lord was a peer, the Second Lord usually served as Chancellor. Since 1827, however, the Chancellor of the Exchequer has always been Second Lord of the Treasury.
Chancellor delivers lower taxes, more investment and better public services in ‘Budget for Long Term Growth’. 6 March 2024 — News story.
The secretary of the treasury serves as the principal advisor to the president of the United States on all matters pertaining to economic and fiscal policy. The secretary is, by custom, a member of the president's cabinet and, by law, a member of the National Security Council .
Of all the Lords Commissioners of the Treasury, typically the only one who actually works in HM Treasury is the Second Lord, as Chancellor of the Exchequer.
The Chancellor of the Exchequer has overall responsibility for HM Treasury. HM Government: The Cabinet; Related glossary term: Budget (Finance Bill) Gov.UK: Chancellor of the Exchequer (external site)
