Part of the debate – in the House of Commons at 12:00 am on 29 November 1973.
Mr Edward Heath
, Bexley
12:00,
29 November 1973
As for share ownership, we are endeavouring, through the Chancellor's last measures, to make it possible for those who work in industry to take part in owning shares in their firms. This we believe to be valuable.
The Chancellor - also known as "Chancellor of the Exchequer" is responsible as a Minister for the treasury, and for the country's economy. For Example, the Chancellor set taxes and tax rates. The Chancellor is the only MP allowed to drink Alcohol in the House of Commons; s/he is permitted an alcoholic drink while delivering the budget.