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The Chancellor's department is the ] where she/he is supported by a political team of four junior ministers and by permanent Civil Servants. The most important junior minister is the Chief Secretary to the Treasury to whom the negotiations with other government departments on the details of government spending are delegated. The Chancellor's department is the ] where she/he is supported by a political team of four junior ministers and by permanent Civil Servants. The most important junior minister is the Chief Secretary to the Treasury to whom the negotiations with other government departments on the details of government spending are delegated.


The official residence of the Chancellor of the Exchequer is 11 ], ] - next door to the ]. However when ] became Prime Minister in ], he swapped residences with his Chancellor, ], because Number 11 is the larger residence (Blair had a family and Brown was at that time a bachelor). The official residence of the Chancellor of the Exchequer is 11 ], ] - next door to the ], due to his secondary role as ]. However when ] became Prime Minister in ], he swapped residences with his Chancellor, ], because Number 11 is the larger residence (Blair had a family and Brown was at that time a bachelor).

⚫ List of Holders of the Office since 1715:


⚫ List of Holders of the Office since 1559:


*Sir Walter Mildmay 1559-1589
*John Fortescue 1589-1603
*Sir George Home, 1st Earl of Dunbar (1605) 1603-1606
*Sir Julius Caesar 1606-1614
*Sir Fulk Greville 1614-1621
*Sir Richard Weston 1621-1628
*Edward Barrett, 1st Lord Barrett of Newburgh 1628-1629
*Francis Cottington, 1st Lord Cottington (1631) 1629-1642
*Sir John Culpeper 1642-1643
*Sir ] 1643-1646
*] 1661-1672
*Sir John Duncombe 1672-1676
*Sir John Ernley 1676-1689
*Henry Booth, Lord Delamer 1689-1690
*Richard Hampden 1690-1694
*Charles Montagu 1694-1699
*John Smith 1699-1701
*Henry Boyle 1701-1708
*John Smith 1708-1710
*] 1710-1711
*Robert Benson 1711-1713
*Sir William Wyndham 1713-1714
*Sir Richard Onslow 1714-1715
*] 1715-1717 *] 1715-1717
*James, ] 1717-1718 *], 1st Viscount Stanhope (1717) 1717-1718
*] 1718-1721 *] 1718-1721
*Sir John Pratt 1721
*] 1721-1741 *] 1721-1741
*] 1741-1742 *] 1741-1742

Revision as of 02:40, 30 May 2003

In the UK, the Chancellor of the Exchequer is the government minister responsible for financial matters. Historically these included monetary policy as well as fiscal policy, but this ended when the Bank of England was granted independence in 1997. The Chancellor (in consultation with the Prime Minister) frames the annual "Budget" and delivers it as a speech to Parliament (typically on a Tuesday in mid-March)

The Chancellor's department is the Treasury where she/he is supported by a political team of four junior ministers and by permanent Civil Servants. The most important junior minister is the Chief Secretary to the Treasury to whom the negotiations with other government departments on the details of government spending are delegated.

The official residence of the Chancellor of the Exchequer is 11 Downing Street, London - next door to the Prime Minister, due to his secondary role as Second Lord of the Treasury. However when Tony Blair became Prime Minister in 1997, he swapped residences with his Chancellor, Gordon Brown, because Number 11 is the larger residence (Blair had a family and Brown was at that time a bachelor).

List of Holders of the Office since 1559: