Bill Presented – in the House of Commons at 12:00 am on 13 January 2017.
Presentation and First Reading (
Mr Secretary Javid, supported by the Prime Minister, Mr Chancellor of the Exchequer, Secretary Greg Clark, Secretary Jeremy Hunt, Secretary Andrea Leadsom and Ben Gummer, presented a Bill to make provision about non-domestic rating in England; to amend Chapter 4ZA of Part 1 of the Local Government Finance Act 1992; to confer power on the Greater London Authority and certain local authorities in England to impose levies on nondomestic ratepayers to raise money for expenditure on projects expected to promote economic development; to confer power on certain local authorities in England to impose a levy on persons with certain property interests in a business improvement district to finance projects to be carried out in the district; and for connected purposes.
Bill read the First time; to be read a Second time tomorrow; and to be printed (Bill 122) with explanatory notes (Bill 122-EN).
Wendy Morton
Conservative, Aldridge-Brownhills
I beg to move, That the House sit in private.
Question put forthwith (
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.
