Covid-19: Economic Support

Part of Scotland – in the House of Commons at on 25 March 2020.

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Photo of Alister Jack Alister Jack The Secretary of State for Scotland

As I said before, the Chancellor has been looking at many schemes across the European Union and around the world. It is absolutely about timing and I would hope that the Treasury will be making an announcement very soon.

Chancellor

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.