Exchequer Secretary to the Treasury
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The Exchequer Secretary to the Treasury is a junior ministerial post in
His Majesty's Treasury His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and e ...
, ranked below the
First Lord of the Treasury The first lord of the Treasury is the head of the Lords Commissioners of the Treasury exercising the ancient office of Lord High Treasurer in the United Kingdom, and is by convention also the prime minister. This office is not equivalent to the ...
, the Chancellor of the Exchequer, the
Chief Secretary to the Treasury The chief secretary to the Treasury is a ministerial office in the government of the United Kingdom. The office is the second most senior in the Treasury, after the chancellor of the Exchequer. The office was created in 1961, to share the burde ...
, the
Paymaster General His Majesty's Paymaster General or HM Paymaster General is a ministerial position in the Cabinet Office of the United Kingdom. The incumbent Paymaster General is Jeremy Quin MP. History The post was created in 1836 by the merger of the posi ...
and the
Financial Secretary to the Treasury The financial secretary to the Treasury is a mid-level ministerial post in His Majesty's Treasury. It is nominally the fifth most significant ministerial role within the Treasury after the first lord of the Treasury, the chancellor of the Excheq ...
, and alongside the
Economic Secretary to the Treasury The Economic Secretary to the Treasury is the sixth-most senior ministerial post in His Majesty's Treasury, after the First Lord of the Treasury, the Chancellor of the Exchequer, the Chief Secretary to the Treasury, the Paymaster-General and the ...
. It ranks at Parliamentary Secretary level and is not a Cabinet office. Unlike the other posts of Secretary to the Treasury, it is only used occasionally, normally when the post of Paymaster General is allocated to a minister outside the Treasury. The first Exchequer Secretary was Phillip Oppenheim, who held the post from 23 July 1996 to 2 May 1997, when he lost his seat in the general election that brought
Tony Blair Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of th ...
to power. After a period of abeyance, the office was reinstated upon
Gordon Brown James Gordon Brown (born 20 February 1951) is a British former politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 to 2010. He previously served as Chancellor of the Exchequer in Tony B ...
's accession as Prime Minister in June 2007, when Angela Eagle was appointed Exchequer Secretary. The position was held by Helen Whately, having been held by
Kemi Badenoch Olukemi Olufunto Badenoch ( ; née Adegoke, 2 January 1980) is a British politician serving as Secretary of State for International Trade, President of the Board of Trade and Minister for Women and Equalities since 2022. She previously served i ...
from 2020 to 2021. The minister is shadowed by the Shadow Exchequer Secretary to the Treasury, who sits on the Official Opposition frontbench.


Responsibilities


HM Treasury
' * Enterprise and productivity including small business taxation and support to the Chancellor of the Exchequer on economic reform * Competition and better regulation * Science, innovation and skills policy, including implementation of the 10-year science and innovation strategy and the R&D
tax credit A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. It may also be a credit granted in recognition of taxes already paid or a form of state "dis ...
* Regional economic policy * Urban regeneration and social exclusion including housing, planning and planning gain supplement; * Environmental issues including taxation of transport, international Climate Change issues including global carbon trading and EU ETS, and Energy Issues * Taxation of oil *
Excise duties file:Lincoln Beer Stamp 1871.JPG, upright=1.2, 1871 U.S. Revenue stamp for 1/6 barrel of beer. Brewers would receive the stamp sheets, cut them into individual stamps, cancel them, and paste them over the Bunghole, bung of the beer barrel so when ...
and
gambling Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three el ...
, including excise fraud and law enforcement * Public-private partnerships including Private Finance Initiative, and Partnerships UK * Ministerial responsibility for the
Office for National Statistics The Office for National Statistics (ONS; cy, Swyddfa Ystadegau Gwladol) is the executive office of the UK Statistics Authority, a non-ministerial department which reports directly to the UK Parliament. Overview The ONS is responsible for t ...
, the Royal Mint and Departmental Minister for HM Treasury Group * Support to the
Chief Secretary to the Treasury The chief secretary to the Treasury is a ministerial office in the government of the United Kingdom. The office is the second most senior in the Treasury, after the chancellor of the Exchequer. The office was created in 1961, to share the burde ...
on
public spending Government spending or expenditure includes all government consumption, investment, and transfer payments. In national income accounting, the acquisition by governments of goods and services for current use, to directly satisfy the individual o ...
issues including long-term challenges in the run up to the Comprehensive Spending Review and selected Cabinet Committees * Assist where necessary on European issues * Working with the
Financial Secretary to the Treasury The financial secretary to the Treasury is a mid-level ministerial post in His Majesty's Treasury. It is nominally the fifth most significant ministerial role within the Treasury after the first lord of the Treasury, the chancellor of the Excheq ...
on the Finance Bill Responsibility for procurement policy and the former Office of Government Commerce was transferred to the Cabinet Office in 2011.


List of Exchequer Secretaries


References


See also

*
Secretary to the Treasury In the United Kingdom, there are several Secretaries to the Treasury, who are Treasury ministers nominally acting as secretaries to HM Treasury. The origins of the office are unclear, although it probably originated during Lord Burghley's tenure ...
{{Exchequer Secretaries to the Treasury Lists of government ministers of the United Kingdom 1996 establishments in the United Kingdom