Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 13 May 1947.
Sir Ian Fraser
, Lonsdale
12:00,
13 May 1947
asked the Chancellor of the exchequer if he will encourage the commercial growing of tobacco in Great Britain by reducing taxation on it; and if he will allow the amateur gardener to grow and use enough tobacco for himself and his family free of duty
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.