– in the House of Commons at on 9 December 1920.
Sir Harry Brittain
, Acton
asked the Prime Minister whether he is prepared to consider the bringing together under one roof of the Ministries of Munitions, Shipping and Food, and to place them under one director, whose duty would be to see that they were liquidated at the best prices available and in the shortest possible time?
Mr David Lloyd George
, Caernarvon District of Boroughs
A statement in regard to these Ministries will be made this afternoon by my right hon. Friend the Chancellor of the exchequer.
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.
