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Why is the Minister of Finance called Chancellor of the Exchequer in England?
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What job does Alister darling do?
Actually its Alistair Darling, he is Chancellor of the Exchequer in England. Basically secretary of Treasury or chief finance minister. Appointed by the Prime minister Gordon Brown,Chancellor of the Exchequer is second only to PM in power and prestige.
How is called the finance minister of the UK?
The Chancellor of the Exchequer (or chancer of the exchequer if you want a standup comedy line)
Who is the Treasury Minister of the United Kingdom?
The Chancellor of the Exchequer (also known as the Finance Minister) is the title held by the British Cabinet minister who is responsible for all economic and financial matters. The current Chancellor of the Exchequer is Alistair Darling.
What is a chancellor?
The head of the political administration in Germany and Austria is the chancellor. (In Britain chancellor is usually short for chancellor of the exchequer, who is in effect the minister of finance).
What is the role of Chancellor of the Exchequer?
The Chancellor of the Exchequer is responsible for all economic and financial matters. He or she is the second most powerful person after the Prime Minister.The minister who is in charge of finance, the treasury, taxes and government spending. Usually considered second-in-command of the British Government, and always an MP. The current Chancellor is George Osborne, a Conservative MP.The full title is: The Right Hon. Chancellor of the Exchequer PC MP
What is the meaning of chancellor?
- A head of a University. In the US, a Chancellor is the head of a campus of a University, while the President is the head of the overall establishment. In the UK, a Chancellor is the figurehead of the University, while the Vice-Chancellor is responsible for running it. - A foreign minister in some countries. - A head of government in German-speaker countries, equivalent to a Prime Minister. - (Chancellor of the Exchequer) The minister of finance in the British Government.
Was Gordon Brown the prime minister in 1997?
No. Until he lost a general election on 1 May 1997 the Prime Minister was John Major. On 2 May Tony Blair became Prime Minister, with Gordon Brown as Chancellor of the Exchequer (equivalent to other countries' Finance Minister). Gordon Brown took over as Prime Minister on 2 June 2007.
What title does the minister responsible for the country's economy have?
In Canada, the Prime Minister and the Minister of Finance; in the U.K., the Prime Minister and the Exchequer of the Treasury; in the U.S., the President, the Secretary of the Treasury and the Chairman of the Federal Reserve.
What is the definition of chancellor?
- The head of a University. In the UK the Chancellor is the owner of the University and the Vice-Chancellor is responsible for its day-to-day running. In the US, a Chancellor runs a campus of a university while the head of the overall University is the President - The head of Government in Germany, Austria and Switzerland, equivalent to a Prime Minister - The Chancellor of the Exchequer is the minister of finance in the UK, usually second-in-command of the government - The Lord Chancellor of the UK is the official who presides over the Chancery Division, the part of the High Courts which deals with cases involving equity. Until recently this used to be the leader of the House of Lords, but this has now been changed and the position is now normally held by the Justice Secretary.
Who was the treasurer of England in 1960?
The Finance Minister ("Treasurer", if you like, but, in fact, the "First Lord of the Treasury" is the Head of Government, or "Prime Minister"!) of the United Kingdom is called "The Chancellor of the Exchequer". In 1960, under Prime Minister Harold MacMillan, the Chancellor of the Exchequer was Selwyn Lloyd. He introduced a "wage freeze" to curb inflation, which made him very unpopular with many. He was also responsible for establishing "The National Economic Development Council", an attempt to improve long-term economic planning. This was not a great success, and many blame him - ironically - for a lack of coherence in economic policy ("Stop Go" economics) during the early 1960s. He was sacked in MacMillan's ruthless "Cabinet Purge" (aka "The Night of the Long Knives"!) of 1962. Later (1971) was elected Speaker of the House of Commons. Died in 1978.
What did Lord North do in the Revolutionary War?
england finance minister
Define an exchequer account?
In finance, the term "exchequer" usually refers to a national or royal treasury. An exchequer amount would be the monetary amount contained within a specific exchequer.
