Cost of Living Rise

Part of Wales – in the House of Commons at on 19 October 2022.

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Photo of Jonathan Edwards Jonathan Edwards Independent, Carmarthen East and Dinefwr

What discussions he has had with the Chancellor of the exchequer on helping people in Wales with the rising cost of living.

Chancellor of the Exchequer

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.