Part of the debate – in the House of Commons at on 29 June 1939.
Mr James de Rothschild
, Isle of Ely
asked the Chancellor of the exchequer what representations were made to him, previous to the introduction of the Budget, in favour of the repeal of the Medicine Stamp Duties; and by whom, or on behalf of what organisations and interests, such representations were made?
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.
