Oral Answers to Questions — National Finance. – in the House of Commons at on 2 July 1935.
Mr Edward Mallalieu
, Colne Valley
asked the Chancellor of the exchequer the amount of loans guaranteed under the Trade Facilities Acts for companies engaged in the business of sugar other than homegrown beet-sugar; the amount outstanding; and the extent to which the Consolidated Fund has been drawn upon in respect of them?
Mr Edward Mallalieu
, Colne Valley
Is the right hon. Gentleman aware that the favoured recipients of these loans obtain their machinery and plant from precisely the same Glasgow firm which supplies the Anglo-Scottish Beet Sugar Corporation?
Mr Edward Mallalieu
, Colne Valley
asked the Chancellor of the exchequer the amount of loans guaranteed under the Trade Facilities Acts for companies engaged in selling taximeter-cabs to owner-drivers on the hire-purchase system; the amount outstanding; and the extent to which the Consolidated Fund has been drawn upon in respect of them?
Mr Edward Mallalieu
, Colne Valley
Do not Lord Weir and Lord Invernairn hunt together rather too often when it is a question of spending public money?
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.
