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Chancellors of the Exchequer

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Chancellors of the Exchequer
14/10/2022. London, United Kingdom. Prime Liz Truss appoints Jeremy Hunt as Chancellor. Official portrait of the Chancellor of the Exchequer Jeremy Hunt. Picture by Andrew Parsons / No 10 Downing Street

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The current Chancellor of the Exchequer is Phillip Hammond, who has held the position since 2016. He is responsible for the UK’s economy and for setting its financial policy. The Chancellor is also in charge of the HM Treasury, which is the government department responsible for economic and financial policy.

The role of Chancellor of the Exchequer has been around since medieval times, when it was known as the Keeper of the Privy Purse. The first recorded use of the title was in 1461, when it was given to Sir William Harcourt by King Edward IV. Since then, there have been over 70 Chancellors, with some serving multiple terms in office.

The Chancellor of the Exchequer is the head of Her Majesty’s Treasury, which is the United Kingdom’s government department responsible for economic and financial policy. The current Chancellor is Rishi Sunak, who was appointed by Prime Minister Boris Johnson in 2019. Sunak has been a vocal advocate of Brexit and Britain’s withdrawal from the European Union, and he played a leading role in negotiating the UK’s post-Brexit trade deal with the EU.

He has also been a key figure in the government’s response to the COVID-19 pandemic, announcing a series of measures to support businesses and workers during the pandemic. The Office of the Chancellor of the Exchequer has existed since medieval times, when it was responsible for collecting taxes on behalf of the King. Over time, its responsibilities have expanded to include managing public finances, setting economic policy, and overseeing tax policy.

The Chancellor is one of the most powerful members of Cabinet, and their decisions can have a major impact on both the economy and British society as a whole.

Who were the Last 5 Chancellors of the Exchequer

The United Kingdom’s Chancellor of the Exchequer is the head of Her Majesty’s Treasury, which is equivalent to the United States’ Secretary of the Treasury. The current Chancellor is Rishi Sunak, who was appointed by Prime Minister Boris Johnson on 13 February 2020. Prior to this, Sajid Javid served as Chancellor from 30 May 2019 until his resignation on 13 February 2020.

Here is a list of the last 5 Chancellors of the Exchequer: 1. Sajid Javid – Appointed on 30 May 2019, resigned on 13 February 2020 2. Philip Hammond – Appointed on 16 July 2014, resigned on 24 July 2019

3. George Osborne – Appointed on 11 May 2010, resigned on 13 July 2016 4. Alistair Darling – Appointed on 28 June 2007, resigned on 11 May 2010

Chancellors of the Exchequer

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Who are the 4 Chancellors of the Exchequer?

The four Chancellors of the Exchequer are: George Osborne, Philip Hammond, Nigel Lawson and Ken Clarke. George Osborne was appointed Chancellor of the Exchequer in 2010 and is currently the longest-serving holder of the office. He is a member of the Conservative Party and has been MP for Tatton since 2001.

Philip Hammond was appointed Chancellor of the Exchequer in 2016. He is a member of the Conservative Party and has been MP for Runnymede and Weybridge since 1997. Nigel Lawson was Chancellor of the Exchequer from 1983 to 1989.

He is a member of the Conservative Party and was MP for Blaby from 1974 to 1992. Ken Clarke was Chancellor of the Exchequer from 1993 to 1997. He is a member of the Conservative Party and has been MP for Rushcliffe since 1970.

What is Exchequer Chancellor?

The Exchequer Chancellor is a government official in the United Kingdom who is responsible for the management of the Treasury. The position is currently held by Rishi Sunak. The Exchequer Chancellor is responsible for setting and collecting taxes, managing national finances, and overseeing economic policy.

They also play a key role in developing and implementing the government’s budget. The Exchequer Chancellor is appointed by the Prime Minister and reports directly to them. The position is considered to be one of the most powerful in the UK government.

Why is It Called Chancellor of the Exchequer?

The title of Chancellor of the Exchequer is derived from the medieval position of Chancellor of the Royal Exchequer. The Royal Exchequer was responsible for collecting and managing the king’s revenue, and the chancellor was in charge of this department. In modern times, the Chancellor of the Exchequer is still responsible for managing the government’s finances.

They oversee tax collection and spending, as well as developing economic policy. The current Chancellor of the Exchequer is Philip Hammond.

Where is the Chancellor of the Exchequer Today?

The Chancellor of the Exchequer is the Minister in charge of all economic and financial matters in the United Kingdom government. As such, he is one of the most important members of the Cabinet. The current Chancellor is Rishi Sunak, who was appointed by Prime Minister Boris Johnson on 13 February 2020.

Sunak has been MP for Richmond (Yorks) since 2015 and previously served as Chief Secretary to the Treasury. Prior to his political career, he worked as an investment banker at Goldman Sachs.

Conclusion

The Chancellor of the Exchequer is the head of Her Majesty’s Treasury, which is the United Kingdom’s finance ministry. The current Chancellor is Rishi Sunak, who was appointed by Prime Minister Boris Johnson in 2019. Sunak has been a member of Parliament (MP) since 2015 and previously served as Chief Secretary to the Treasury under Theresa May.

Prior to his political career, Sunak worked as an investment banker at Goldman Sachs.