Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 24 April 1947.
Mr Garry Allighan
, Gravesend
12:00,
24 April 1947
asked the Chancellor of the exchequer whether he has yet completed the inquiries he undertook to make on 8th October last, for the purpose of ascertaining whether all football clubs have been passing on to the public the full benefit of the reduction in Entertainment Tax; and whether he will now make a statement.
Mr Hugh Dalton
, Bishop Auckland
I am satisfied that, on the whole, the English clubs have kept the pledge they made to me. The Scottish clubs, which gave me no such pledge, say they are too poor to follow England's example.
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.
