Part of the debate – in the House of Commons at 12:00 am on 24 April 1950.
Mr Clement Attlee
, Walthamstow West
12:00,
24 April 1950
Having regard to the agricultural record of this Government and its predecessor, and in particular to the renewed assurances given by my right hon. and learned Friend the Chancellor of the exchequer in his Budget Speech on Tuesday last, I see no reason why there should be any loss of confidence on the part of farmers and farm workers in the long-term future for agriculture.
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.
