Business of the House.

Part of the debate – in the House of Commons at on 14 June 1933.

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Photo of Mr Clement Attlee Mr Clement Attlee , Stepney Limehouse

(by Private Notice) asked the Lord President of the Council whether, in view of the fact that it has been arranged that the Chancellor of the exchequer shall make a statement this evening, and in view of the large number of Members who are interested in the Bill which we are discussing to-day, it is possible for the Government to give additional time for the Second Beading Debate on that Bill?

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.