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Chancellor Of The Exchequer
The chancellor of the exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and the head of HM Treasury, His Majesty's Treasury. As one of the four Great Offices of State, the chancellor is a high-ranking member of the British Cabinet. Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always second lord of the Treasury as one of at least six Lords Commissioners of the Treasury, lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerl ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ...
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Member Of Parliament (United Kingdom)
In the United Kingdom, a Member of Parliament (MP) is an individual elected to serve in the House of Commons of the United Kingdom, House of Commons, the lower house of the Parliament of the United Kingdom. Electoral system All 650 members of the UK House of Commons are elected using the first-past-the-post voting system in single member United Kingdom Parliament constituencies, constituencies across the whole of the United Kingdom, where each constituency has its own single representative. Elections All MP positions become simultaneously vacant for elections held on a five-year cycle, or when a snap election is called. Since the Dissolution and Calling of Parliament Act 2022, Parliament is automatically dissolved once five years have elapsed from its first meeting after an election. If a Vacancy (economics), vacancy arises at another time, due to death or Resignation from the British House of Commons, resignation, then a constituency vacancy may be filled by a by-election. Un ...
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Lord Chief Justice Of The King's Bench
The Lord or Lady Chief Justice of England and Wales is the head of the judiciary of England and Wales and the president of the courts of England and Wales. Until 2005 the lord chief justice was the second-most senior judge of the English and Welsh courts, surpassed by the lord chancellor, who normally sat in the highest court. The Constitutional Reform Act 2005 changed the roles of judges, creating the position of President of the Supreme Court of the United Kingdom and altering the duties of the lord chief justice and the lord chancellor. The lord chief justice ordinarily serves as president of the Criminal Division of the Court of Appeal and head of criminal justice, meaning its technical processes within the legal domain, but under the 2005 Act can appoint another judge to these positions. The lord chancellor became a purely executive office, with no judicial role. The equivalent in Scotland is the Lord President of the Court of Session, who also holds the post of Lord Ju ...
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Stanley Baldwin
Stanley Baldwin, 1st Earl Baldwin of Bewdley (3 August 186714 December 1947), was a British statesman and Conservative politician who was prominent in the political leadership of the United Kingdom between the world wars. He was prime minister on three occasions, from May 1923 to January 1924, from November 1924 to June 1929 and from June 1935 to May 1937. Born to a prosperous family in Bewdley, Worcestershire, Baldwin was educated at Hawtreys, Harrow School and Trinity College, Cambridge. He joined the family iron- and steel-making business and entered the House of Commons in 1908 as the member for Bewdley, succeeding his father Alfred. He was Financial Secretary to the Treasury (1917–1921) and President of the Board of Trade (1921–1922) in the coalition ministry of David Lloyd George and then rose rapidly. In 1922, Baldwin was one of the prime movers in the withdrawal of Conservative support from Lloyd George; he subsequently became Chancellor of the Exchequer in ...
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Treasurer Of The Exchequer
The Lord High Treasurer was an English government position and has been a British government position since the Acts of Union of 1707. A holder of the post would be the third-highest-ranked Great Officer of State in England, below the Lord High Steward and the Lord High Chancellor of Great Britain. The Lord High Treasurer functions as the head of His Majesty's Treasury. The office has, since the resignation of Charles Talbot, 1st Duke of Shrewsbury in 1714, been vacant. Although the United Kingdom of Great Britain and Ireland was created in 1801, it was not until the Consolidated Fund Act 1816 that the separate offices of Lord High Treasurer of Great Britain and Lord High Treasurer of Ireland were united into one office as the "Lord High Treasurer of the United Kingdom of Great Britain and Ireland" on 5 January 1817. Section 2 of the Consolidated Fund Act 1816 also provides that "whenever there shall not be Lord High Treasurer of the United Kingdom of Great Britain an ...
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Lords Commissioners Of The Treasury
In the United Kingdom there are at least six Lords (or Ladies) Commissioners of His Majesty's Treasury, serving as a Government agency, commission for the ancient office of Lord High Treasurer, Treasurer of the Exchequer. The board consists of the First Lord of the Treasury, the Second Lord of the Treasury, and four or more junior lords acting as whips in the House of Commons to whom this title is usually applied. It is commonly thought that the Lords Commissioners of HM Treasury serve as commissioners for exercising the office of Lord High Treasurer; however, this is not true. The confusion arises because both offices used to be held by the same individual at the same time. Strictly they are commissioners for exercising the office of Lord High Treasurer, Treasurer of the Exchequer of Great Britain and Lord High Treasurer of Ireland (similar to the status of the Lords Commissioners of the Admiralty exercising the office of Lord High Admiral of the United Kingdom, Lord High Admira ...
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Finance Minister
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs", "economy" or "economic affairs". The position of the finance minister might be named for this portfolio, but it may also have some other name, like "Treasurer" or, in the United Kingdom, "Chancellor of the Exchequer". The duties of a finance minister differ between countries. Typically, they encompass one or more of government finances, economic policy and/or financial regulation, but there are significant differences between countries: * in some countries the finance minister might also have oversight of monetary policy (while in other countries that is the responsibility of an independent central bank); * in some countries the finance m ...
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British Cabinet
The Cabinet of the United Kingdom is the senior decision-making body of the Government of the United Kingdom. A committee of the Privy Council, it is chaired by the Prime Minister and its members include Secretaries of State and senior Ministers of State. Members of the Cabinet are appointed by the Prime Minister and are by convention chosen from members of the two houses of the Parliament of the United Kingdom, the House of Commons and the House of Lords. The Ministerial Code says that the business of the Cabinet (and United Kingdom cabinet committee, cabinet committees) is mainly questions of major issues of policy, questions of critical importance to the public and questions on which there is an unresolved argument between departments. The work of the Cabinet is scrutinised by the Official Opposition Shadow Cabinet (United Kingdom), Shadow Cabinet, made up of members of the His Majesty's Most Loyal Opposition, Official Opposition. History Until at least the 16th centur ...
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Great Offices Of State
The Great Offices of State are senior offices in the Government of the United Kingdom, UK government. They are the Prime Minister of the United Kingdom, Prime Minister, the Chancellor of the Exchequer, the Foreign Secretary (United Kingdom), Foreign Secretary and the Home Secretary or, alternatively, three of those offices excluding the prime minister. Current History The Great Offices of State are derived from the most senior positions in the Royal Households of the United Kingdom, Royal Household – the Great Officers of State (United Kingdom), Great Officers of State. These eventually became hereditary and honorary titles, while the substantive duties of the Officers passed to individuals who were appointed on behalf of the Crown. James Callaghan is the first and, to date, only person to have served in all four positions. According to a YouGov poll conducted in 2017, the British public view the three most senior Cabinet ministers as the Chancellor of the Exchequer, Chancel ...
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HM Treasury
His Majesty's Treasury (HM Treasury or HMT), and informally referred to as the Treasury, is the Government of the United Kingdom’s economic and finance ministry. The Treasury is responsible for public spending, financial services policy, Tax system, taxation, Infrastructure, state infrastructure, and economic growth. It is led by the Chancellor of the Exchequer, chancellor of the exchequer, currently Rachel Reeves since 5 July 2024. The Treasury's main offices are located in London and Darlington, with additional offices in Edinburgh and Norwich. It is one of the smallest government departments in terms of staff numbers, but widely considered the most powerful. History The origins of the Treasury of England have been traced by some to an individual known as Henry the Treasurer, a servant to King William the Conqueror. This claim is based on an entry in the Domesday Book showing the individual Henry "the treasurer" as a landowner in Winchester, where the royal treasure was sto ...
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Government Of The United Kingdom
His Majesty's Government, abbreviated to HM Government or otherwise UK Government, is the central government, central executive authority of the United Kingdom of Great Britain and Northern Ireland.Overview of the UK system of government : Directgov – Government, citizens and rights
Archived direct.gov.uk webpage. Retrieved on 29 August 2014.
The government is led by the Prime Minister of the United Kingdom, prime minister (Keir Starmer since 5 July 2024) who appoints all the other British Government frontbench, ministers. The country has had a Labour Party (UK), Labour government since 2024 United Kingdom general election, 2024. The ...
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Minister Of The Crown
Minister of the Crown is a formal constitutional term used in Commonwealth realms to describe a minister of the reigning sovereign or viceroy. The term indicates that the minister serves at His Majesty's pleasure, and advises the sovereign or viceroy on how to exercise the Crown prerogatives relating to the minister's department or ministry. Ministries In Commonwealth realms, the sovereign or viceroy is formally advised by a larger body known as a privy council or executive council, though, in practice, they are advised by a subset of such councils: the collective body of ministers of the Crown called the ministry. The ministry should not be confused with the cabinet, as ministers of the Crown may be outside a cabinet. In the UK, ministers are the MPs and members of the British House of Commons or House of Lords who are in the government. History Ministers of the Crown in Commonwealth realms have their roots in early modern England, where monarchs sometimes employ ...
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