Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 11 March 1947.
Mr Cyril Dumpleton
, St Albans
12:00,
11 March 1947
asked the Chancellor of the exchequer whether he will consider adjusting entertainments tax so as to give preferential treatment to cinemas which will undertake to show British films only.
Mr Hugh Dalton
, Bishop Auckland
My hon. Friend will not expect me to anticipate my Budget Statement.
Mr Cyril Dumpleton
, St Albans
Will my right hon. Friend bear in mind that there are many members of the cinema-going public who do not wish to see American films in preference to British, but at present have very little choice? Would not this suggestion help our foreign exchange position?
Mr Hugh Delargy
, Manchester Platting
Will the Chancellor agree that not only in the interests of the national economy, but also in the interests of the cinema-going public, it is advisable seriously to curtail, the import of American films?
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.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.
