Economic Inactivity: Working-age People

Part of Work and Pensions – in the House of Commons at on 6 March 2023.

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Photo of Mel Stride Mel Stride The Secretary of State for Work and Pensions

I thank my hon. Friend for raising this important matter, which of course is well known to the Chancellor and Treasury colleagues. We have a variety of discussions with the Treasury on those kinds of matters and others. Of course, tax policy is a matter for the Treasury.

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.