Part of the debate – in the House of Commons at 12:00 am on 9 June 1964.
Mr Marcus Lipton
, Lambeth Brixton
12:00,
9 June 1964
asked the Prime Minister whether the public speech of the Chancellor of the exchequer to the County Councils' Association on 27th May on the subject of rates represents the policy of Her Majesty's Government.
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.
