Bill Presented – in the House of Commons at 2:43 pm on 23 September 2020.
Presentation and First Reading (
Secretary Thérèse Coffey, supported by The Prime Minister, The Chancellor of the Exchequer, Amanda Milling, Steve Barclay and Guy Opperman, presented a Bill to make provision relating to the up-rating of certain social security benefits.
Bill read the First time; to be read a Second time tomorrow, and to be printed (Bill 186) with explanatory notes (Bill 186—EN).
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.