Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 8 July 1947.
Sir John Foster
, Northwich
12:00,
8 July 1947
asked the Chancellor of the exchequer whether the foreign currency involved in the conviction of a Maltese, named Messina, for offences against the Defence Finance Regulations during the war was ever surrendered to the authorities.
Mr Hugh Dalton
, Bishop Auckland
Yes, Sir, in September, 1946
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.
