Part of the debate – in the House of Commons at on 14 June 1933.
Mr Stanley Baldwin
, Bewdley
Yes, Sir. A request has been received through the usual channels for additional time for the Second Beading Debate on the Bill which we are considering to-day. The Debate will be curtailed at 10 O'clock to hear the statement of the Chancellor of the exchequer, and so the Government propose to allocate Friday of this week, for which no business has yet been announced, for the conclusion of the Second Beading of the Unemployment Insurance (Expiring Enactments) Bill and the Committee stage of the necessary financial resolution.
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.
