Chancellor of the Exchequer

In the UK, the Chancellor of the Exchequer is the government minister responsible for financial matters. Historically these included monetary policy as well as fiscal policy, but this ended when the Bank of England was granted independence in 1997. The Chancellor (in consultation with the Prime Minister) frames the annual "Budget" and delivers it as a speech to Parliament (typically on a Tuesday in mid-March)

The Chancellor's department is the Treasury where she/he is supported by a political team of four junior ministers and by permanent Civil Servants. The most important junior minister is the Chief Secretary to the Treasury to whom the negotiations with other government departments on the details of government spending are delegated.

The official residence of the Chancellor of the Exchequer is 11 Downing Street, London - next door to the Prime Minister, due to his secondary role as Second Lord of the Treasury. However when Tony Blair became Prime Minister in 1997, he swapped residences with his Chancellor, Gordon Brown, because Number 11 is the larger residence (Blair had a family and Brown was at that time a bachelor).

List of Holders of the Office since 1559:

• Sir Walter Mildmay 1559-1589
• John Fortescue 1589-1603
• Sir George Home, 1st Earl of Dunbar (1605) 1603-1606
• Sir Julius Caesar 1606-1614
• Sir Fulk Greville 1614-1621
• Sir Richard Weston 1621-1628
• Edward Barrett, 1st Lord Barrett of Newburgh 1628-1629
• Francis Cottington, 1st Lord Cottington (1631) 1629-1642
• Sir John Culpeper 1642-1643
• Sir Edward Hyde 1643-1646
• Anthony Ashley Cooper, 1st Lord Ashley[?] 1661-1672
• Sir John Duncombe 1672-1676
• Sir John Ernley 1676-1689
• Henry Booth, Lord Delamer 1689-1690
• Richard Hampden 1690-1694
• Charles Montagu 1694-1699
• John Smith 1699-1701
• Henry Boyle 1701-1708
• John Smith 1708-1710
• Robert Harley[?] 1710-1711
• Robert Benson 1711-1713
• Sir William Wyndham 1713-1714
• Sir Richard Onslow 1714-1715
• Robert Walpole 1715-1717
• James Stanhope[?], 1st Viscount Stanhope (1717) 1717-1718
• John Aislabie[?] 1718-1721
• Sir John Pratt 1721
• Sir Robert Walpole 1721-1741
• Sir Richard Onslow[?] 1741-1742
• Samuel Sandys[?] 1742-1743
• Henry Pelham 1743-1754
• Henry Bilson Legge[?] 1754-1761
• Viscount Barrington 1761-1762
• Sir Francis Dashwood[?] 1762-1763
• George Grenville 1763-1765
• William Dowdeswell[?] 1765-1766
• Charles Townshend[?] 1766-1767
• Frederick, Lord North 1767-1782
• Lord John Cavendish[?] 1782
• William Pitt the Younger 1782-1783
• Lord John Cavendish[?] 1783
• William Pitt the Younger 1783-1801
• Henry Addington 1801-1804
• William Pitt the Younger 1804-1806
• Henry, Lord Petty[?] 1806-1807
• Spencer Perceval 1807-1812
• Nicholas Vansittart[?] 1812-1823
• Frederick John Robinson[?] 1823-1827
• George Canning 1827
• John Charles Herries[?] 1827-1828
• Henry Goulburn[?] 1828-1830
• John Spencer, Viscount Althorp[?] 1830-1834
• Sir Robert Peel 1834-1835
• Thomas Spring Rice[?] 1835-1839
• Sir F.T. Baring[?] 1839-1841
• Henry Goulburn[?] 1841-1846
• Sir Charles Wood[?] 1846-1852
• Benjamin Disraeli 1852
• William Ewart Gladstone 1852-1855
• Sir George Cornewall Lewis[?] 1855-1858
• Benjamin Disraeli 1858-1859
• William Ewart Gladstone 1859-1866
• Benjamin Disraeli 1866-1868
• George Ward Hunt[?] 1868
• Robert Lowe[?] 1868-1873
• William Ewart Gladstone 1873-1874
• Sir Stafford Northcote[?] 1874-1880
• William Ewart Gladstone 1880-1882
• H.C.E. Childers[?] 1882-1885
• Sir Michael Hicks Beach[?] 1885-1886
• Sir William Vernon Harcourt[?] 1886
• Lord Randolph Churchill[?] 1886-1887
• George Goschen[?] 1887-1892
• Sir William Vernon Harcourt[?] 1892-1895
• Sir Michael Hicks Beach[?] 1895-1902
• Charles Ritchie[?] 1902-1903
• Austen Chamberlain 1903-1905
• Herbert Henry Asquith 1905-1908
• David Lloyd George 1908-1915
• Reginald McKenna[?] 1915-1916
• Andrew Bonar Law 1916-1919
• Austen Chamberlain 1919-1921
• Sir Robert Stevenson Horne[?] 1921-1922
• Stanley Baldwin 1922-1923
• Neville Chamberlain 1923-1924
• Philip Snowden[?] 1924
• Winston Churchill 1924-1929
• Philip Snowden[?] 1929-1931
• Neville Chamberlain 1931-1937
• Sir John Simon[?] 1937-1940
• Sir Kingsley Wood[?] 1940-1943
• Sir John Anderson[?] 1943-1945
• Hugh Dalton[?] 1945-1947
• Sir Stafford Cripps[?] 1947-1950
• Hugh Gaitskell 1950-1951
• Richard Austen Butler[?] 1951-1955
• Harold Macmillan 1955-1957
• Peter Thorneycroft[?] 1957-1958
• Derick Heathcoat Amory[?] 1958-1960
• Selwyn Lloyd[?] 1960-1962
• Reginald Maulding[?] 1962-1964
• James Callaghan 1964-1967
• Roy Jenkins 1967-1970
• Iain Macleod 1970
• Anthony Barber[?] 1970-1974
• Denis Healey 1974-1979
• Sir Geoffrey Howe[?] 1979-1983
• Nigel Lawson 1983-1989
• John Major 1989-1990
• Norman Lamont 1990-1993
• Kenneth Clarke 1993-1997
• Gordon Brown 1997-