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Orders of the Day — Ways and Means.

– in the House of Commons at on 17 December 1941.

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REPORT [16tk December].

Resolution reported: That, towards making good the Supply granted to His Majesty for the service of the year ending on the 31st day of March, 1942, the sum of £1,000,000,000 be granted out of the Consolidated Fund of the United Kingdom.

Resolution agreed to.

Bill ordered to be brought in upon the said Resolution by the Chairman of Ways and Means, the Chancellor of the Exchequer and Captain Crookshank.

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.