Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 21 January 1964.
Sir John Langford-Holt
, Shrewsbury
12:00,
21 January 1964
asked the Chancellor of the exchequer if he will authorise an increase in the salaries of the senior staff of the Public Trustee Office.
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.
