Treasury written question – answered at on 23 May 2024.
Emily Thornberry
Shadow Attorney General
To ask the Chancellor of the exchequer, with reference to the Minister without Portfolio's article of 12 May 2024 in The Sunday Telegraph, when the UK Infrastructure Bank is expected to cancel its contract with Constellia Public Ltd, procurement reference CO313; and whether a notice period will be required under the provisions of that contract.
Gareth Davies
The Exchequer Secretary
The UK Infrastructure Bank is an operationally independent arms-length body. Civil Service EDI expenditure guidance does not extend to organisations outside the Civil Service or ALBs not employing Civil Servants.
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.
A Minister without Portfolio is a government minister with no specific responsibilities.
