Part of Transport – in the House of Commons at on 11 March 2021.
Neil Coyle
Labour, Bermondsey and Old Southwark
What recent discussions he has had with the Chancellor of the exchequer on funding for the Bakerloo line extension since the Government’s formal issuing of safeguarding directions on 1 March 2021.
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.
