Bills Presented – in the House of Commons at 10:33 am on 19 November 2009.
Presentation and First Reading (
Secretary Hilary Benn, supported by the Prime Minister, Mr. Chancellor of the Exchequer, Mr. Secretary Denham, Mr. Secretary Hain and Huw Irranca-Davies, presented a Bill to make provision about water, including provision about the management of risks in connection with flooding and coastal erosion.
Bill read the First time; to be read a Second time on
A proposal for new legislation that is debated by Parliament.
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.