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{{Short description|Lead minister of His Majesty’s Treasury}}{{About||the historic position in Ireland|Chancellor of the Exchequer of Ireland|the 1983 simulation game|Chancellor of the Exchequer (video game)}}{{Distinguish|Lord Chancellor|Chancellor of the Duchy of Lancaster|Chancellor of the High Court|Chief Baron of the Exchequer}}{{Use British English|date=February 2021}}{{Use dmy dates|date=February 2021}}

factoids

Chancellor of the Exchequer and Second Lord of the Treasury| insignia = Royal Coat of Arms of the United Kingdom (HM Government) (2022).svg| insigniasize = | insigniacaption = Royal Arms of His Majesty’s Government| insigniaalt = | flag = | flagsize = | flagalt = | flagborder = | flagcaption = | image = Jeremy Hunt Official Cabinet Portrait, October 2022.jpg| imagesize = | alt = | imagecaption = | incumbent = Jeremy Hunt| incumbentsince = 14 October 2022| department = His Majesty’s TreasuryThe Chancellor{{small>(informal)}}The Right Honourable{{small|(within the UK and Commonwealth)}}| type = Minister of the Crown| status = Great Office of StateCabinet of the United Kingdom>Privy Council of the United Kingdom>National Security Council}}First Lord of the Treasury{{small>(Prime Minister of the United Kingdom)}}| seat = Westminster| residence = 11 Downing Street| nominator = The Prime Minister Monarchy of the United Kingdom>The Monarch(on the advice of the Prime Minister)}}| termlength = At His Majesty’s pleasure(2022)}}SALARIES OF MEMBERS OF HIS MAJESTY’S GOVERNMENT – FINANCIAL YEAR 2022–23 >URL=HTTPS://ASSETS.PUBLISHING.SERVICE.GOV.UK/GOVERNMENT/UPLOADS/SYSTEM/UPLOADS/ATTACHMENT_DATA/FILE/1124173/2022-12-07-MINISTERIAL-SALARIES-22-23-TABLE.PDF Member of Parliament (United Kingdom)>MP salary)PAY AND EXPENSES FOR MPS >URL=HTTPS://WWW.PARLIAMENT.UK/ABOUT/MPS-AND-LORDS/MEMBERS/PAY-MPS/ WEBSITE=PARLIAMENT.UK, | formation = 22 June 1316| first = Hervey de Stanton(in the Kingdom of England only)| deputy = Chief Secretary to the Treasurywww.gov.uk/government/ministers/chancellor-of-the-exchequer|Official website}}}}The Chancellor of the Exchequer, often abbreviated to Chancellor,NEWS,www.telegraph.co.uk/business/2016/07/13/who-is-philip-hammond-britains-new-chancellor-and-what-are-like/,ghostarchive.org/archive/20220111/https://www.telegraph.co.uk/business/2016/07/13/who-is-philip-hammond-britains-new-chancellor-and-what-are-like/, 11 January 2022, subscription, live, Who is Philip Hammond, Britain’s new Chancellor, and what are likely to be his first steps?, Ben, Martin, The Telegraph, 13 July 2016, www.telegraph.co.uk, {{cbignore}} is a senior minister of the Crown within His Majesty’s Government, and head of His Majesty’s Treasury. As one of the four Great Offices of State, the chancellor is a high-ranking member of the British Cabinet.Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always second lord of the Treasury as one of at least six lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer{{snd}} the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerly, in cases when the chancellorship was vacant, the Lord Chief Justice of the King’s Bench would act as chancellor pro tempore.Joseph Haydn, Horace Ockerby (ed.): The Book of Dignities, 3rd edition, Part III (Political and Official), p. 164. W.H. Allen & Co., London 1894, reprinted by Firecrest Publishing Ltd, Pancakes, 1969. The last Lord Chief Justice to serve in this way was Lord Denman in 1834.The chancellor is the third-oldest major state office in English and British history, and in recent times has come to be the most powerful office in British politics after the prime minister. It originally carried responsibility for the Exchequer, the medieval English institution for the collection and auditing of royal revenues. The earliest surviving records which are the results of the exchequer’s audit, date from 1129 to 1130 under King Henry I and show continuity from previous years.Chrimes, Administrative History, pp. 62–63. The chancellor has oversight of fiscal policy, therefore of taxation and public spending across government departments. It previously controlled monetary policy as well until 1997, when the Bank of England was granted independent control of its interest rates.Since 1718, all chancellors of the Exchequer, except at times the lord chief justice as interim holders, have been members of the House of Commons with Lord Stanhope being the last chancellor from the House of Lords.The office holder works alongside the other Treasury ministers and the permanent secretary to the Treasury. The corresponding shadow minister is the shadow chancellor of the Exchequer, and the chancellor is also scrutinised by the Liberal Democrat Treasury spokesperson and the Treasury Select Committee.WEB,www.itv.com/news/update/2012-03-27/george-osborne-gives-evidence-on-budget-to-the-treasury-select-committee/, George Osborne gives evidence on Budget to the Treasury Select Committee, ITV.COM, 25 April 2022, Chancellor of the Exchequer George Osborne gives evidence to the Treasury Select Committee., Jeremy Hunt has been the incumbent chancellor since 14 October 2022, being appointed by Liz Truss and retained in the role by Rishi Sunak.

Second Lord of the Treasury

The holder of the office of chancellor of the Exchequer is ex officio second lord of the Treasury as a member of the commission exercising the ancient office of treasurer of the Exchequer.BOOK, Sainty, John Christopher, Office-Holders in Modern Britain: Volume 1, Treasury Officials 1660–1870, 1972, University of London, London, 0485171414, 16–25,www.british-history.ac.uk/office-holders/vol1/pp16-25, 19 October 2021, As second lord, his official residence is 11 Downing Street in London, next door to the residence of the first lord of the Treasury (a title that has for many years been held by the prime minister), who resides in 10 Downing Street. While in the past both houses were private residences, today they serve as interlinked offices, with the occupant living in an apartment made from attic rooms previously resided in by servants.Since 1827, the chancellor has always simultaneously held the office of second lord of the Treasury when that person has not also been the prime minister.

Roles and responsibilities

A previous chancellor, Robert Lowe, described the office in the following terms in the House of Commons, on 11 April 1870: “The Chancellor of the Exchequer is a man whose duties make him more or less of a taxing machine. He is entrusted with a certain amount of misery which it is his duty to distribute as fairly as he can.”

Fiscal policy

The chancellor has considerable control over other departments as it is the Treasury that sets Departmental Expenditure Limits. The amount of power this gives to an individual chancellor depends on their personal forcefulness, their status within their party and their relationship with the prime minister. Gordon Brown, who became chancellor when Labour came into Government in 1997, had a large personal power base in the party. Perhaps as a result, Tony Blair chose to keep him in the same position throughout his ten years as prime minister; making Brown an unusually dominant figure and the longest-serving chancellor since the Reform Act of 1832.WEB, Gordon Brown: Chancellor of the Exchequer,www.experiencefestival.com/a/Gordon_Brown_-_Chancellor_of_the_Exchequer/id/1434949, dead,www.experiencefestival.com/a/Gordon_Brown_-_Chancellor_of_the_Exchequer/id/1434949," title="web.archive.org/web/20121102215246www.experiencefestival.com/a/Gordon_Brown_-_Chancellor_of_the_Exchequer/id/1434949,">web.archive.org/web/20121102215246www.experiencefestival.com/a/Gordon_Brown_-_Chancellor_of_the_Exchequer/id/1434949, 2 November 2012, 2 May 2010, Encyclopedia II, Experiencefestival.com, This has strengthened a pre-existing trend towards the chancellor occupying a clear second position among government ministers, elevated above his traditional peers, the foreign secretary and home secretary.One part of the chancellor’s key roles involves the framing of the annual year budget. As of 2017, the first is the Autumn Budget, also known as Budget Day which forecasts government spending in the next financial year and also announces new financial measures. The second is a Spring Statement, also known as a “mini-Budget”. Britain’s tax year has retained the old Julian end of year: 24 March (Old Style) / 5 April (New Style, i.e. Gregorian). From 1993, the Budget was in spring, preceded by an annual autumn statement. This was then called Pre-Budget Report. The Autumn Statement usually took place in November or December. The 1997, 2001, 2002, 2003, 2006, 2007, 2008, 2012 and 2016 budgets were all delivered on a Wednesday, summarised in a speech to the House of Commons.The budget is a state secret until the chancellor reveals it in his speech to Parliament. Hugh Dalton, on his way to giving the budget speech in 1947, inadvertently blurted out key details to a newspaper reporter, and they appeared in print before he made his speech. Dalton was forced to resign.Ben Pimlott, Hugh Dalton (1985) pp 524–48.

Monetary policy

Although the Bank of England is responsible for setting interest rates, the chancellor also plays an important part in the monetary policy structure. He sets the inflation target which the Bank must set interest rates to meet. Under the Bank of England Act 1998 the chancellor has the power of appointment of four out of nine members of the Bank’s Monetary Policy Committee – the so-called ‘external’ members. He also has a high level of influence over the appointment of the Bank’s Governor and Deputy Governors, and has the right of consultation over the appointment of the two remaining MPC members from within the Bank.WEB, 6 May 1997, Monetary Policy | Monetary Policy Committee (MPC) | Framework,www.bankofengland.co.uk/monetarypolicy/framework.htm, dead,www.bankofengland.co.uk/monetarypolicy/framework.htm#," title="web.archive.org/web/20100508103201www.bankofengland.co.uk/monetarypolicy/framework.htm#,">web.archive.org/web/20100508103201www.bankofengland.co.uk/monetarypolicy/framework.htm#, 8 May 2010, 2 May 2010, Bank of England, The Act also provides that the Government has the power to give instructions to the Bank on interest rates for a limited period in extreme circumstances. This power has never been officially used.

Ministerial arrangements

At HM Treasury the chancellor 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, a member of the Cabinet, to whom the negotiations with other government departments on the details of government spending are delegated, followed by the paymaster general, the financial secretary to the Treasury and the economic secretary to the Treasury. Whilst not continuously in use, there can also be appointed a commercial secretary to the Treasury and an exchequer secretary to the Treasury. Two other officials are given the title of a secretary to the Treasury, although neither is a government minister in the Treasury: the parliamentary secretary to the Treasury is the Government Chief Whip in the House of Commons; the permanent secretary to the Treasury is not a minister but the senior civil servant in the Treasury.The chancellor is obliged to be a member of the Privy Council, and thus is styled the Right Honourable (Rt. Hon.). Because the House of Lords is excluded from financial matters by tradition confirmed by the Parliament Acts, the office is effectively limited to members of the House of Commons; apart from the occasions when the lord chief justice of the King’s Bench has acted as interim Chancellor. The last peer to hold the office was Henry Booth, 2nd Baron Delamer (created Earl of Warrington shortly after leaving office) from 9 April 1689 to 18 March 1690. The chancellor holds the formerly independent office of Master of the Mint as a subsidiary office.WEB, Owen, James, 19 December 2012, Sir Isaac Newton – did you know?,blog.royalmint.com/sir-isaac-newton-did-you-know-this-about-him/, 6 June 2017, The Royal Mint, 1 June 2017,blog.royalmint.com/sir-isaac-newton-did-you-know-this-about-him/," title="web.archive.org/web/20170601112601blog.royalmint.com/sir-isaac-newton-did-you-know-this-about-him/,">web.archive.org/web/20170601112601blog.royalmint.com/sir-isaac-newton-did-you-know-this-about-him/, dead,

Perquisites of the office

Official residence

The chancellor of the Exchequer has no official London residence as such but since 1828 in his role as Second Lord of the Treasury he lives in the second lord’s official residence, No. 11 Downing Street.WEB, History of Number 11 Downing Street,www.gov.uk/government/history/11-downing-street, 16 October 2014, UK Government, In 1997, the then first and second Lords, Tony Blair and Gordon Brown respectively, swapped apartments, as the chancellor’s larger apartment in No. 11 accommodated Blair’s family and Brown was then unmarried.

Dorneywood

Dorneywood is the summer residence that is traditionally made available to the chancellor, though it is the prime minister who ultimately decides who may use it. Gordon Brown, on becoming chancellor in 1997, refused to use it and the house, which is set in {{convert|215|acre|ha}}WEB, Local History,www.burnhamparish.gov.uk/local_history.htm, dead,www.burnhamparish.gov.uk/local_history.htm," title="web.archive.org/web/20111001081608www.burnhamparish.gov.uk/local_history.htm,">web.archive.org/web/20111001081608www.burnhamparish.gov.uk/local_history.htm, 1 October 2011, Burnham Parish Council, of parkland, was allocated to Deputy Prime Minister John Prescott. It reverted to the chancellor in 2007, then Alistair Darling.WEB,www.timesonline.co.uk/tol/news/politics/article2532776.ece, Reluctant Chancellor makes a move to keep his mansion out of reach, 24 March 2010, 5 June 2011,www.timesonline.co.uk/tol/news/politics/article2532776.ece," title="web.archive.org/web/20110605000042www.timesonline.co.uk/tol/news/politics/article2532776.ece,">web.archive.org/web/20110605000042www.timesonline.co.uk/tol/news/politics/article2532776.ece, dead,

Budget box

(File:Cropped Gladstone’s Red Box.jpg|thumb|right|Budget box or Gladstone box, {{circa}} 1860)The chancellor traditionally carries his budget speech to the House of Commons in a particular red despatch box. The so-called ‘Budget Box’ is identical to the cases used by all other government ministers (known as ministerial boxes or “despatch boxes“) to transport their official papers, but is better known because the chancellor traditionally displays the box, containing the budget speech, to the press before leaving 11 Downing Street for the House of Commons..The original budget box was first used by William Ewart Gladstone in 1853 and continued in use until 1965 when James Callaghan was the first chancellor to break with tradition when he used a newer box. Prior to Gladstone, a generic red despatch box of varying design and specification was used. The practice is said to have begun in the late 16th century, when Queen Elizabeth I’s representative Francis Throckmorton presented the Spanish Ambassador, Bernardino de Mendoza, with a specially constructed red briefcase filled with black puddings.NEWS,www.birminghammail.co.uk/news/uk-news/what-budget-box-red-21981804, What is the Budget Box? Why is it red?, 27 October 2021, Birmingham Mail, 4 February 2022, In July 1997, Gordon Brown became the second chancellor to use a new box for the Budget. Made by industrial trainees at Babcock Rosyth Defence Ltd ship and submarine dockyard in Fife, the new box is made of yellow pine, with a brass handle and lock, covered in scarlet leather and embossed with the Royal cypher and crest and the chancellor’s title. In his first Budget, in March 2008, Alistair Darling reverted to using the original budget box and his successor, George Osborne, continued this tradition for his first budget, before announcing that it would be retired due to its fragile condition.WEB,www.theguardian.com/uk/2011/mar/21/budget-chancellors-red-box, Bye-bye budget box, hello backpack, 21 March 2011, The Guardian, The key to the original budget box has been lost.Alistair Darling, Back from the Brink(2011)

Budget tipple

By tradition, the chancellor has been allowed to drink whatever they wish while making the annual budget speech to Parliament. This includes alcohol, which is otherwise banned under parliamentary rules.Previous chancellors have opted for whisky (Kenneth Clarke), gin and tonic (Geoffrey Howe), brandy and water (Benjamin Disraeli and John Major), spritzer (Nigel Lawson) and sherry and beaten egg (William Gladstone).WEB, The Budget and Parliament,www.parliament.uk/about/how/occasions/budget/, 8 November 2015, Parliament of the United Kingdom, The recent chancellors, Philip Hammond, George Osborne, Alistair Darling and Gordon Brown,NEWS, Lydall, Ross, 6 March 2008, Chancellor names his preferred Budget tipple â€“ a glass of plain London tap water, The Scotsman,thescotsman.scotsman.com/politics/Chancellor--names-his-preferred.3848558.jp, 2 May 2010, opted for water. In fact Darling drank what was named “Standard Water” in reference to, and support of, the London Evening Standard newspaper’s campaign to have plain tap water available in restaurants at no charge to customers.WEB, Murphy, Joe, 5 March 2008, Darling chooses tap water for Budget Day to support Standard campaign,www.standard.co.uk/news/darling-chooses-tap-water-for-budget-day-to-support-standard-campaign-6636142.html, 9 February 2012, London Evening Standard,

Robe of office

The chancellor, as Master of the Mint, has a robe of office,WEB,www.gettyimages.co.uk/detail/news-photo/november-sir-john-anderson-the-chancellor-of-the-exchequer-news-photo/79028205, Photographb, 18 February 2015, 18 February 2015,www.gettyimages.co.uk/detail/news-photo/november-sir-john-anderson-the-chancellor-of-the-exchequer-news-photo/79028205," title="web.archive.org/web/20150218121135www.gettyimages.co.uk/detail/news-photo/november-sir-john-anderson-the-chancellor-of-the-exchequer-news-photo/79028205,">web.archive.org/web/20150218121135www.gettyimages.co.uk/detail/news-photo/november-sir-john-anderson-the-chancellor-of-the-exchequer-news-photo/79028205, dead, similar to that of the lord chancellor (as seen in several of the portraits depicted below). In recent times, it has only regularly been worn at coronations, but some chancellors (at least until the 1990s) have also worn it when attending the Trial of the Pyx as Master of the Mint. According to George Osborne, the robe (dating from Gladstone’s time in office, and worn by the likes of Lloyd George and Churchill)WEB,nttreasurehunt.wordpress.com/2012/12/04/politics-roses-and-butterflies/getmedia-2/, Portrait of Churchill in the robes of wearing his robes as Chancellor of the Exchequer, by John Singer Sargent, 1929. © National Trust Collections, 4 December 2012, ‘went missing’ during Gordon Brown’s time as chancellor.NEWS, Vina, Gonzalo, 10 December 2010, www.bloomberg.com, Bloomberg,www.bloomberg.com/news/articles/2010-12-10/iconic-red-budget-box-has-been-locked-and-empty-for-years-osborne-says,

List of chancellors of the Exchequer

Chancellors of the Exchequer of England ({{Circa|1221}} – {{Circa|1558}})

{{Incomplete list|date=January 2011}}{| class=“wikitable plainrowheaders” style="text-align:center” style="height:1em“! colspan=2 | Chancellor of the Exchequer! colspan=2 | Term of office! colspan=2 | Monarch{{Small|(Reign)}} style="height:1em”75px)Eustace of Fauconberg{{Small>Bishop of London}}1221}}| {{N/a}}! scope=row rowspan=11 style="text-align:center” | Henry III(File:Coat of Arms of England (-1340).svg|50px){{Small|(1216–1272)}} style="height:1em”75px)John Maunsell{{Small>Secretary of State}}1234}}| {{N/a}} style="height:1em“|| Ralph de Leicester before 1248 style="height:1em“|Edward of Westminster (Chancellor of the Exchequer)>Edward of Westminster| 1248| {{N/a}} style="height:1em“|| Albric de Fiscamp before 1263 style="height:1em”75px)John Chishull{{Small>Lord Chancellor{{Refngroup=1221}}}}| 1263| 1265 style="height:1em”75px)Walter Giffard{{Small>Bishop of Bath and Wells}}| 1265| 1266 style="height:1em”75px)Godfrey Giffard{{Small>Lord Chancellor}}| 1266| 1268 style="height:1em”75px)John Chishull{{Small>Lord Chancellor}}| 1268| 1269 style="height:1em”75px)Richard Middleton (Lord Chancellor)>Richard of Middleton{{Small|Archdeacon of Northumberland}}| 1269Died|†}} style="height:1em”| Roger de la Leye before 1283 style="height:1em“| Geoffrey de Neuband! scope=row rowspan=3 style="text-align:center” | Edward I(File:Coat of Arms of England (-1340).svg|50px){{Small|(1272–1307)}} style="height:1em“|| Philip de Willoughby| 1283| 1305 style="height:1em”75px)John de Benstede>John Benstead{{SmallSecretary of State (England)>Secretary of State}}| 1305| 1306 style="height:1em”75px)John Sandale{{Small>Bishop of Winchester}} {{SmallJuly}}}}1307| 1308! scope=row rowspan=6 style="text-align:center” | Edward II(File:Coat of Arms of England (-1340).svg|50px){{Small|(1307–1327)}} style="height:1em“|Markenfield Hall>John of Markenfield| 1309| 1312 style="height:1em”75px)John Hotham (bishop)>John Hotham{{Small|Bishop of Ely}}| 1312| 1316 style="height:1em”75px)| Hervey de Stanton| 13161323}} style="height:1em”75px)Walter Stapledon{{Small>Lord High Treasurer}}| 13231324}} style="height:1em”75px)Hervey de Stanton{{Small>Chief Justice of the Common Pleas}}| 1324 {{SmallJanuary}}}}1327 style="height:1em”75px)| Adam de Harvington {{SmallJanuary}}}}1327| 1330! scope=row rowspan=7 style="text-align:center” | Edward III(File:Coat of Arms of Edward III of England (1327-1377) (Attributed).svg|50px){{Small|(1327–1377)}}{{Refn|Lord Lancaster served as Regent of England during the minority of Edward III.|group=1221}} style="height:1em”75px)| Robert Wodehouse| 1330| 1331 style="height:1em”75px)Robert de Stratford{{Small>Bishop of Chichester}}| 1331| 1334 style="height:1em“|| John Hildesle1338}}| {{N/a}} style="height:1em“|| William de Everdon| 1341| {{N/a}} style="height:1em“|William Askeby{{Small>Archdeacon of Northampton}}| 1363| {{N/a}} style="height:1em”75px)| Robert de Ashton| 1375 {{SmallJune}}}}1377 style="height:1em“|Walter Barnham>Sir Walter Barnham {{SmallJune}}}}1377 {{SmallSeptember}}}}1399! scope=row style="text-align:center” | Richard II(File:Coat of Arms of Richard II of England (1377-1399).svg|50px){{Small|(1377–1399)}} style="height:1em”Henry Somer{{SmallMiddlesex (UK Parliament constituency)>Middlesex}} 1410 1437! scope=row style="text-align:center” | Henry IV(File:Coat of Arms of Henry IV of England (1399-1413).svg|50px){{Small|(1399–1413)}} style="height:1em“! scope=row style="text-align:center” | Henry V(File:Coat of Arms of Henry IV & V of England (1413-1422).svg|50px){{Small|(1413–1422)}} style="height:1em”Henry VI(File:Coat of Arms of Henry VI of England (1422-1471).svg|50px){{Small|(1422–1461)}}{{Refn|The Regency government led by the Regency Council governed England during the minority of Henry VI.|group=1221}} style="height:1em”75px)| John Somerset| 1441| 1447 style="height:1em”75px)Thomas Browne (died 1460)>Thomas Browne{{SmallDover (UK Parliament constituency)>Dover}}| 1440?| 1450? style="height:1em”75px)| Thomas Witham| 1454| {{N/a}} style="height:1em”75px)Thomas Thwaites (civil servant)>Thomas Thwaites {{SmallMarch}}}}1461| {{N/a}}! scope=row rowspan=3 style="text-align:center” | Edward IV(File:Coat of Arms of Edward IV of England (1461-1483).svg|50px){{Small|(1461–1470)}} style="height:1em”75px)| Thomas Witham| 1465| 1469 style="height:1em”Richard Fowler 1469 {{SmallApril}}}}1471 style="height:1em”Henry VI(File:Coat of Arms of Henry VI of England (1422-1471).svg|50px){{Small|(1470–1471)}} style="height:1em”75px)Thomas Thwaites (civil servant)>Thomas Thwaites{{Small|Chancellor of the Duchy of Lancaster}} {{SmallApril}}}}1471 {{SmallApril}}}}1483! scope=row style="text-align:center” | Edward IV(File:Coat of Arms of Edward IV of England (1461-1483).svg|50px){{Small|(1471–1483)}} style="height:1em” (File:William Catesby, memorial brass.jpg|75px) William Catesby{{SmallList of Speakers of the House of Commons of England>Speaker of the House of Commons}} {{SmallApril}}}}1483 {{Circa|1484}}! scope=row style="text-align:center” | Edward V(File:Coat of Arms of Edward V of England (1483).svg|50px){{Small|(1483)}}{{Refn|The Duke of Gloucester served as Regent of England during the reign of Edward V.|group=1221}} style="height:1em“! scope=row style="text-align:center” | Richard III(File:Coat of Arms of Richard III of England (1483-1485).svg|50px){{Small|(1483–1485)}} style="height:1em”Thomas Lovell{{SmallList of Speakers of the House of Commons of England>Speaker of the House of Commons{{Refngroup=1221}}}} {{SmallAugust}}}}1485 1524! scope=row style="text-align:center” | Henry VII(File:Coat of Arms of Henry VII of England (1485-1509).svg|50px){{Small|(1485–1509)}} style="height:1em”Henry VIII(File:Coat_of_Arms_of_England_(1509-1554)_-_Dragon_with_pizzle.png|50px){{Small|(1509–1547)}}{{Refn|Margaret Beaufort served as Regent of England during the minority of Henry VIII.|group=1221}} style="height:1em”75px)John Bourchier, 2nd Baron Berners>John Bourchier2nd Baron Berners| 1524| 1533? style="height:1em”75px)Thomas Cromwell>Thomas Cromwell1st Earl of EssexSecretary of State {{Small|12 April}}1533 {{Small|10 June}}1540 style="height:1em”John Baker (died 1558)John Baker{{Small>MP for Kent}} 1545 {{SmallNovember}}}}1558 style="height:1em”Edward VI(File:Coat_of_Arms_of_England_(1509-1554)_-_Dragon_with_pizzle.png|50px){{Small|(1547–1553)}}{{Refn|The Duke of Somerset and Duke of Northumberland served as Regent of England successively during the reign of Edward VI.|group=1221}} style="height:1em“! scope=row style="text-align:center” | Mary I(File:Coat of Arms of England (1554-1558).svg|50px){{Small|(1553–1558)}} {{Reflist|group=1221}}

Chancellors of the Exchequer of England ({{Circa|1558}} – 1708) {| class“wikitable plainrowheaders” style@text-align:center”

! colspan=2 | Chancellor of the Exchequer{{Efn|Including constituencies for elected MPs.|name=“Name“}}! colspan=2 | Term of office! colspan=2 | Monarch{{Small|(Reign)}} style="height:1em”75px)Richard Sackville (escheator)>Richard SackvillePAST CHANCELLORS OF THE EXCHEQUER >URL=HTTPS://WWW.GOV.UK/GOVERNMENT/HISTORY/PAST-CHANCELLORS WEBSITE=GOV.UK MP for Sussex}} {{Small|February}}1559 {{SmallDied|†}}! scope=row colspan=2 rowspan=3 style="text-align:center” | Elizabeth I(File:Coat of Arms of England (1558-1603).svg|50px){{Small|(1558–1603)}} style="height:1em”75px)Walter Mildmay{{R>gov.uk}}{{SmallNorthamptonshire (UK Parliament constituency)>Northamptonshire}} 1566 {{SmallDied|†}} style="height:1em”75px)John Fortescue of Salden>John Fortescue{{R{{LongitemBuckinghamshire (UK Parliament constituency)>Buckinghamshire{{Refn9th Parliament of Queen Elizabeth I.>group=1558}} →Middlesex (UK Parliament constituency){{Refn>Served from 1601 prior to the Golden Speech.|group=1558}}}}}}| 1589| 1603 style="height:1em”75px)George Home, 1st Earl of Dunbar>George Home1st Earl of Dunbar{{R|gov.uk}} {{Small|24 May}}1603 {{Small|April}}1606! scope=row colspan=2 rowspan=4 style="text-align:center” | James I(File:Coat of Arms of England (1603-1649).svg|50px){{Small|(1603–1625)}} style="height:1em”75px)Julius Caesar (judge)>Julius Caesar{{RMP for Middlesex}} {{Small|11 April}}1606 1614 style="height:1em”75px)Fulke Greville, 1st Baron Brooke>Fulke Greville{{RMP for Warwickshire (UK Parliament constituency){{Refn>Served during the 3rd Parliament of King James I in 1621.|group=1558}}}} {{Small|15 October}}1614 1621 style="height:1em” (File:RichardWeston.jpg|75px) Richard Weston, 1st Earl of PortlandRichard Weston{{R>gov.uk}}{{Small|MP for 7 constituencies successively}} {{Small|29 January}}1621 {{Small|15 July}}1628 style="height:1em“! scope=row colspan=2 rowspan=5 style="text-align:center” | Charles I(File:Coat of Arms of England (1603-1649).svg|50px){{Small|(1625–1649)}} style="height:1em”75px)Edward Barrett, 1st Lord Barrett of Newburgh>Edward Barrett1st Lord Barrett of Newburgh{{R|gov.uk}} {{Small|14 August}}1628 1629 style="height:1em”75px)Francis Cottington, 1st Baron Cottington>Francis Cottington1st Baron Cottington{{R|gov.uk}} {{Small|18 April}}1629 {{Small|6 January}}1642 style="height:1em”75px)John Colepeper, 1st Baron Colepeper>John Colepeper{{RMP for Kent}} {{Small|6 January}}1642 {{Small|22 February}}1643 style="height:1em”75px)Edward Hyde, 1st Earl of Clarendon>Edward Hyde{{R|gov.uk}} {{Small|February}}1643 1646 style="height:1em“! colspan=7 | Vacancy during the Interregnum (1649–1660) style="height:1em“! colspan=2 | Chancellor of the Exchequer{{Efn|name=“Name“}}! colspan=2 | Term of office! Ministry! Monarch{{Small|(Reign)}} style="height:1em”75px)Edward Hyde, 1st Earl of Clarendon>Edward Hyde1st Baron Hyde{{R|gov.uk}} 1660 {{Small|13 May}}1661 Clarendon! scope=row style="text-align:center” rowspan=8 | Charles II(File:Coat of Arms of England (1660-1689).svg|50px){{Small|(1660–1685)}} style="height:1em” (File:Anthony Ashley-Cooper, 1st Earl of Shaftesbury.jpg|75px) Anthony Ashley Cooper, 1st Earl of ShaftesburyBaron Ashley{{R>gov.uk}} {{Small|13 May}}1661 {{Small|22 November}}1672 style="height:1em” Cabal style="height:1em” (File:No image.svg|75px) John Duncombe (Bury St Edmunds MP)John Duncombe{{R>gov.uk}}{{SmallBury St Edmunds (UK Parliament constituency)>Bury St Edmunds}} {{Small|22 November}}1672 {{Small|2 May}}1676 style="height:1em” Danby I style="height:1em”John Ernle{{RMP for 4 constituencies successively}} {{Small|2 May}}1676 {{Small|9 April}}1689 style="height:1em”Privy Council ministry>Privy Council style="height:1em”Chits style="height:1em”James II(File:Coat of Arms of England (1660-1689).svg|50px){{Small|(1685–1688)}} style="height:1em”William III&Mary II(File:Coat of Arms of England (1689-1694).svg|50px){{Small|(1689–1694)}} style="height:1em”75px)Henry Booth, 1st Earl of Warrington>Henry Booth2nd Baron Delamer{{R|gov.uk}} {{Small|9 April}}1689 {{Small|18 March}}1690Carmarthen–Halifax ministry>Carmarthen–Halifax style="height:1em”75px)Richard Hampden{{R>gov.uk}}{{SmallBuckinghamshire (UK Parliament constituency)>Buckinghamshire}} {{Small|18 March}}1690 {{Small|10 May}}1694Carmarthen ministry>Carmarthen style="height:1em” (File:Charles Montagu, 1st Earl of Halifax by Sir Godfrey Kneller, Bt.jpg|75px) Charles Montagu, 1st Earl of HalifaxCharles Montagu{{R>gov.uk}}{{SmalldivMP for Maldon (UK Parliament constituency) → Westminster (UK Parliament constituency)>Westminster{{Refn1695 English general election>1695 general election.|group=1558}}}}}} {{Small|10 May}}1694 {{Small|31 May}}1699 Whig Junto I style="height:1em“! rowspan=3 scope=row style="text-align:center” | William III(File:Coat of Arms of England (1694-1702).svg|50px){{Small|(1694–1702)}} style="height:1em”75px)John Smith (Chancellor of the Exchequer)>John Smith{{RMP for Andover}} {{Small|31 May}}1699 {{Small|23 March}}1701 Pembroke style="height:1em”Henry Boyle, 1st Baron CarletonHenry Boyle{{R>gov.uk}}{{SmalldivMP for Cambridge University (UK Parliament constituency) → Westminster (UK Parliament constituency)>Westminster{{Refn1705 English general election>1705 general election.|group=1558}}}}}} {{Small|27 March}}1701 {{Small|22 April}}1708 style="height:1em”Godolphin–Marlborough ministry{{Small>(’’Tories (British political party)–Whigs (British political party)>Whig’’)}}! style="text-align:center” | Anne(File:Coat of Arms of Great Britain (1707-1714).svg|50px){{Small|(1702–1714)}}{{Reflist|group=1558}}

Chancellors of the Exchequer of Great Britain (1708–1817) {| class“wikitable plainrowheaders” style@text-align:center”

! colspan=3 | Chancellor of the Exchequer{{Efn|name=“Name“}}! colspan=2 | Term of office! Party! Ministry! Monarch{{Small|(Reign)}} style="height:1em”John Smith (Chancellor of the Exchequer)>John Smith{{RMP for Andover}} {{Small|22 April}}1708 {{Small|11 August}}1710 Whig Godolphin–Marlborough ministry{{Small>(’’Tories (British political party)–Whigs (British political party)>Whig’’)}}! scope=row style="text-align:center” rowspan=4 | Anne(File:Coat of Arms of Great Britain (1707-1714).svg|50px){{Small|(1702–1714)}} style="height:1em”Robert Harley, 1st Earl of Oxford and Earl Mortimer>Robert Harley{{RMP for Radnor}} {{Small|11 August}}1710 {{Small|4 June}}1711 Tory Oxford–Bolingbroke style="height:1em”Robert Benson, 1st Baron Bingley>Robert Benson{{RMP for York}} {{Small|4 June}}1711 {{Small|21 August}}1713 Tory style="height:1em”Sir William Wyndham, 3rd BaronetWilliam Wyndham{{R>gov.uk}}{{SmallSomerset (UK Parliament constituency)>Somerset}} {{Small|21 August}}1713 {{Small|13 October}}1714 Tory style="height:1em”George I(File:Coat of Arms of Great Britain (1714-1801).svg|50px){{Small|(1714–1727)}}{{Refn|Lord Parker served as Regent of Great Britain from 1 August to 18 September 1714.|group=1708}} style="height:1em”Richard Onslow, 1st Baron Onslow>Richard Onslow{{RMP for Surrey}} {{Small|13 October}}1714 {{Small|12 October}}1715 Whig Townshend style="height:1em”Robert Walpole{{R>gov.uk}}{{SmallKing’s Lynn (UK Parliament constituency)>King’s Lynn}} {{Small|12 October}}1715 {{Small|15 April}}1717 Whig style="height:1em”James Stanhope, 1st Earl Stanhope>James Stanhope1st Earl Stanhope{{R|gov.uk}} {{Small|15 April}}1717 {{Small|20 March}}1718 Whig Stanhope–Sunderland I style="height:1em”John Aislabie{{R>gov.uk}}{{SmallRipon (UK Parliament constituency)>Ripon}} {{Small|20 March}}1718 {{Small|23 January}}1721 Whig Stanhope–Sunderland II style="height:1em”John Pratt (judge)>John Pratt{{RLord Chief Justice (interim)}} {{Small|2 February}}1721 {{Small|3 April}}1721 Whig style="height:1em”Robert WalpoleRobert Walpole1st Earl of Orford{{R>gov.uk}}MP for King’s Lynn (UK Parliament constituency){{Refn>Elevated to the Peerage of the United Kingdom on 6 February 1742.>group=1708}} {{Small|3 April}}1721 {{Small|12 February}}1742 Whig Walpole–Townshend style="height:1em”George II(File:Coat of Arms of Great Britain (1714-1801).svg|50px){{Small|(1727–1760)}} style="height:1em”Walpole style="height:1em”Samuel Sandys, 1st Baron Sandys>Samuel Sandys{{RMP for Worcester}} {{Small|12 February}}1742 {{Small|12 December}}1743 Whig Carteret style="height:1em”Henry Pelham{{RMP for Sussex}} {{Small|12 December}}1743 {{SmallDied|†}} Whig style="height:1em”Broad Bottom ministry(I & II)}} style="height:1em”William Lee (English judge)>William Lee{{RLord Chief Justice (interim)}} {{Small|8 March}}1754 {{Small|6 April}}1754 Whig Newcastle I style="height:1em”Henry Bilson-Legge{{R>gov.uk}}{{SmallOrford (UK Parliament constituency)>Orford}} {{Small|6 April}}1754 {{Small|25 November}}1755 Whig style="height:1em”George Lyttelton, 1st Baron Lyttelton>George Lyttelton{{RMP for Okehampton}} {{Small|25 November}}1755 {{Small|16 November}}1756 Whig style="height:1em”Henry Bilson-Legge{{R>gov.uk}}{{SmallOrford (UK Parliament constituency)>Orford}} {{Small|16 November}}1756 {{Small|13 April}}1757 Whig Pitt–Devonshire style="height:1em”William Murray, 1st Earl of MansfieldEarl of Mansfield{{R>gov.uk}}Lord Chief Justice (interim) {{Small|13 April}}1757 {{Small|2 July}}1757 Whig style="height:1em” 1757 Caretaker style="height:1em”Henry Bilson-Legge{{R{{LongitemOrford (UK Parliament constituency)>Orford → Hampshire (UK Parliament constituency){{Refn>Elected to a new constituency in the 1759 Hampshire by-election.>group=1708}}}}}} {{Small|2 July}}1757 {{Small|19 March}}1761 Whig Pitt–Newcastle style="height:1em”George III(File:Coat of Arms of the United Kingdom (1801-1816).svg|50px){{Small|(1760–1820)}}{{Refn|The Prince of Wales served as prince regent from 5 February 1811.|group=1708}} style="height:1em”William Barrington, 2nd Viscount Barrington>William Barrington2nd Viscount Barrington{{RMP for Plymouth}} {{Small|19 March}}1761 {{Small|29 May}}1762 Whig style="height:1em”Francis Dashwood, 11th Baron le Despencer>Francis Dashwood{{RWeymouth and Melcombe Regis (UK Parliament constituency)>Weymouth and Melcombe Regis {{Small|29 May}}1762 {{Small|16 April}}1763 Tory Bute ministry{{Small>(’’Tories (British political party)–Whigs (British political party)>Whig’’)}} style="height:1em”George Grenville{{R>gov.uk}}{{SmallBuckingham (UK Parliament constituency)>Buckingham}} {{Small|16 April}}1763 {{Small|16 July}}1765 Whig Grenville ministry{{Small>(’’Whigs (British political party)–Tories (British political party)>Tory’’)}} style="height:1em”William Dowdeswell (Chancellor)>William Dowdeswell{{RMP for Worcestershire}} {{Small|16 July}}1765 {{Small|2 August}}1766 Whig Rockingham I style="height:1em”Charles Townshend{{R>gov.uk}}{{SmallHarwich (UK Parliament constituency)>Harwich}} {{Small|2 August}}1766 {{SmallDied|†}} Whig Chatham ministry{{Small>(’’Whigs (British political party)–Tories (British political party)>Tory’’)}} style="height:1em”Frederick North, Lord NorthLord North{{R>gov.uk}}{{SmallBanbury (UK Parliament constituency)>Banbury}} {{Small|11 September}}1767 {{Small|27 March}}1782 Tory style="height:1em”Grafton style="height:1em” North style="height:1em”Lord John Cavendish>Lord John Cavendish{{RMP for York}} {{Small|27 March}}1782 {{Small|10 July}}1782 Whig Rockingham II style="height:1em”William Pitt the Younger>William Pitt the Younger{{RMP for Appleby}} {{Small|10 July}}1782 {{Small|31 March}}1783 Whig Shelburne ministry{{Small>(’’Whigs (British political party)–Tories (British political party)>Tory’’)}} style="height:1em”Lord John Cavendish>Lord John Cavendish{{RMP for York}} {{Small|2 April}}1783 {{Small|19 December}}1783 Whig Fox–North style="height:1em”William Pitt the Younger>William Pitt the Younger{{R{{LongitemAppleby (UK Parliament constituency)>Appleby → Cambridge University (UK Parliament constituency){{Refn>Elected to a new constituency in the 1784 British general election.>group=1708}}}}}} {{Small|19 December}}1783 {{Small|14 March}}1801 Tory Pitt I style="height:1em”Henry Addington, 1st Viscount Sidmouth>Henry Addington{{RMP for Devizes}} {{Small|14 March}}1801 {{Small|10 May}}1804 Tory Addington style="height:1em”William Pitt the Younger>William Pitt the Younger{{RMP for Cambridge University}} {{Small|10 May}}1804 {{SmallDied|†}} Tory Pitt II style="height:1em”Edward Law, 1st Baron Ellenborough>Edward Law1st Baron Ellenborough{{R|gov.uk}}Lord Chief Justice (interim) {{Small|23 January}}1806 {{Small|5 February}}1806 Tory Ministry of All the Talents{{Small>(’’Whigs (British political party)–Tories (British political party)>Tory’’)}} style="height:1em”Henry Petty-Fitzmaurice, 3rd Marquess of Lansdowne>Lord Henry Petty-Fitzmaurice{{RMP for Cambridge University}} {{Small|5 February}}1806 {{Small|26 March}}1807 Whig style="height:1em”Spencer Perceval{{RMP for Northampton}} {{Small|26 March}}1807 Assassination of Spencer Perceval11 May}}1812{{Ref†}} Tory Portland II style="height:1em” Perceval style="height:1em”Nicholas Vansittart, 1st Baron Bexley>Nicholas Vansittart{{London Gazette date=9 June 1812 {{LongitemEast Grinstead (UK Parliament constituency)>East Grinstead → Harwich (UK Parliament constituency){{Refn>Elected to a new constituency in the 1812 United Kingdom general election.>group=1708}}}}}} {{Small|9 June}}1812 {{Small|12 July}}1817 Tory Liverpool{{Reflist|group=1708}}

Chancellors of the Exchequer of the United Kingdom (1817–present)

Although the Kingdoms of Great Britain and Ireland had been united by the Acts of Union 1800, the Exchequers of the two Kingdoms were not consolidated until 1817 under the Consolidated Fund Act 1816 (56 Geo. 3. c. 98).ACT, Consolidated Fund Act 1816, Consolidated Fund Act 1816, c. 98, 1816, Regnal 56 Geo. 3, § 2, BOOK,archive.org/details/bookofdignitiesc00haydrich, The Book of Dignities, W. H. Allen & Co., 1890, Haydn, Joseph, London, 562, X (Ireland), 13505280M, Ockerby, Horace, free, For the holders of the Irish office before this date, see Chancellor of the Exchequer of Ireland.{| class=“wikitable plainrowheaders” style="text-align:center“! colspan=3 | Chancellor of the Exchequer{{Efn|name=“Name“}}! colspan=2 | Term of office! Party! Ministry! Monarch{{Small|(Reign)}} style="height:1em”Nicholas Vansittart, 1st Baron BexleyNicholas Vansittart{{R>gov.uk}}{{SmallHarwich (UK Parliament constituency)>Harwich}} 12 July 1817 31 January 1823 Tory Liverpool! scope=row style="text-align:center” | George III(File:Coat of Arms of the United Kingdom (1801-1816).svg|50px){{Small|(1760–1820)}}{{Refn|The Prince of Wales served as prince regent from 5 February 1811.|group=1817}} style="height:1em”George IV(File:Coat of Arms of the United Kingdom (1816-1837).svg|50px){{Small|(1820–1830)}} style="height:1em”F. J. Robinson, 1st Viscount Goderich>Frederick John Robinson{{London Gazette date = 4 February 1823 MP for Ripon}}| 31 January 1823| 27 April 1827 Tory style="height:1em”George Canning{{London Gazette >issue=18356 page=937 }}{{SmallSeaford (UK Parliament constituency)>Seaford}}| 27 April 1827Died|†}} Tory Canningite government, 1827–1828{{Small>(Canningite–Whig)}} style="height:1em”Charles Abbott, 1st Baron Tenterden>Charles Abbott1st Baron Tenterden{{Small|Lord Chief Justice (interim)}}| 8 August 1827| 5 September 1827 Tory Goderich style="height:1em”John Charles Herries{{London Gazette >issue=18394 page=1892 }}{{SmallHarwich (UK Parliament constituency)>Harwich}}| 5 September 1827| 26 January 1828 Tory style="height:1em”Henry Goulburn{{RMP for Armagh}} 26 January 1828 22 November 1830 Tory Wellington–Peel style="height:1em”William IV(File:Coat of Arms of the United Kingdom (1816-1837).svg|50px){{Small|(1830–1837)}} style="height:1em”John Spencer, 3rd Earl SpencerViscount Althorp{{R>gov.uk}}{{SmalldivMP for Northamptonshire (UK Parliament constituency) →South Northamptonshire (UK Parliament constituency)>South Northamptonshire{{Refn1832 United Kingdom general election>1832 general election.|group=1817}}}}}} 22 November 1830 14 November 1834 Whig Grey style="height:1em” Melbourne I style="height:1em”Thomas Denman, 1st Baron Denman>Thomas Denman1st Baron Denman{{Small|Lord Chief Justice (interim)}}| 14 November 1834| 15 December 1834 Whig Wellington Caretaker style="height:1em”Robert Peel{{R>gov.uk}}MP for Tamworth| 15 December 1834| 8 April 1835 Conservative Peel I style="height:1em”Thomas Spring Rice, 1st Baron Monteagle of BrandonThomas Spring Rice{{R>gov.uk}}{{SmallCambridge (UK Parliament constituency)>Cambridge}} 18 April 1835 26 August 1839 Whig Melbourne II style="height:1em”Victoria(File:Coat of Arms of the United Kingdom (1837-1952).svg|50px){{Small|(1837–1901)}} style="height:1em”Francis Baring, 1st Baron Northbrook>Francis Baring{{RMP for Portsmouth}}| 26 August 1839| 30 August 1841 Whig style="height:1em”Henry Goulburn{{R>gov.uk}}{{SmallCambridge University (UK Parliament constituency)>Cambridge University}}| 3 September 1841| 27 June 1846 Conservative Peel II style="height:1em”Charles Wood, 1st Viscount Halifax>Charles Wood{{RMP for Halifax}}| 6 July 1846| 21 February 1852 Whig Russell I style="height:1em”Benjamin Disraeli{{R>gov.uk}}{{SmallBuckinghamshire (UK Parliament constituency)>Buckinghamshire}}| 27 February 1852| 17 December 1852 Conservative Who? Who? style="height:1em”William Ewart Gladstone{{R>gov.uk}}{{SmallOxford University (UK Parliament constituency)>Oxford University}}| 28 December 1852| 28 February 1855 Peelite Aberdeen ministry{{Small>(Peelite–Whig)}} style="height:1em”George Cornewall Lewis{{R>gov.uk}}{{SmallRadnor (UK Parliament constituency)>Radnor}}| 28 February 1855| 21 February 1858 Whig Palmerston I style="height:1em”Benjamin Disraeli{{R>gov.uk}}{{SmallBuckinghamshire (UK Parliament constituency)>Buckinghamshire}}| 26 February 1858| 11 June 1859 Conservative Derby–Disraeli II style="height:1em”William Ewart Gladstone{{R{{LongitemOxford University (UK Parliament constituency)>Oxford University →South Lancashire (UK Parliament constituency){{Refn>Elected to a new constituency in the 1865 United Kingdom general election.>group=1817}}}}}} 18 June 1859 26 June 1866 Liberal Palmerston II style="height:1em” Russell II style="height:1em”Benjamin Disraeli{{R>gov.uk}}{{SmallBuckinghamshire (UK Parliament constituency)>Buckinghamshire}}| 6 July 1866| 29 February 1868 Conservative Derby–Disraeli III style="height:1em”George Ward Hunt{{R>gov.uk}}{{SmallNorth Northamptonshire (UK Parliament constituency)>North Northamptonshire}}| 29 February 1868| 1 December 1868 Conservative style="height:1em”Robert Lowe{{R>gov.uk}}{{SmallLondon University (UK Parliament constituency)>London University}}| 9 December 1868| 11 August 1873 Liberal Gladstone I style="height:1em”William Ewart Gladstone{{R>gov.uk}}{{SmallGreenwich (UK Parliament constituency)>Greenwich}}| 11 August 1873| 17 February 1874 Liberal style="height:1em”Stafford Northcote, 1st Earl of Iddesleigh>Stafford Northcote{{RMP for North Devonshire}}| 21 February 1874| 21 April 1880 Conservative Disraeli II style="height:1em”William Ewart Gladstone{{R>gov.uk}}{{SmallMidlothian (UK Parliament constituency)>Midlothian}}| 28 April 1880| 16 December 1882 Liberal Gladstone II style="height:1em”Hugh Childers{{R>gov.uk}}{{SmallPontefract (UK Parliament constituency)>Pontefract}}| 16 December 1882| 9 June 1885 Liberal style="height:1em”Michael Hicks Beach, 1st Earl St Aldwyn>Michael Hicks Beach{{RMP for Bristol West}}| 24 June 1885| 28 January 1886 Conservative Salisbury I style="height:1em”William Harcourt (politician)>William Harcourt{{RMP for Derby}}| 6 February 1886| 20 July 1886 Liberal Gladstone III style="height:1em”Lord Randolph Churchill>Lord Randolph Churchill{{RMP for Paddington South}}| 3 August 1886| 22 December 1886 Conservative Salisbury II style="height:1em”George Goschen, 1st Viscount Goschen>George Goschen{{RMP for St George Hanover Square}}| 14 January 1887| 11 August 1892 Liberal Unionist style="height:1em”William Harcourt (politician)William Harcourt{{R>gov.uk}}{{SmallDerby (UK Parliament constituency)>Derby}} 18 August 1892 21 June 1895 Liberal Gladstone IV style="height:1em” Rosebery style="height:1em”Michael Hicks Beach, 1st Earl St AldwynMichael Hicks Beach{{R>gov.uk}}{{Small|MP for Bristol West}} 29 June 1895 11 August 1902 Conservative Unionist government, 1895–1905(III & IV)}}{{SmallConservative Party (UK)>Con.–Lib.U.)}} style="height:1em”Edward VII(File:Coat of Arms of the United Kingdom (1837-1952).svg|50px){{Small|(1901–1910)}} style="height:1em”Charles Ritchie, 1st Baron Ritchie of Dundee>Charles Ritchie{{RMP for Croydon}}| 11 August 1902| 9 October 1903 Conservative Balfour style="height:1em”Austen Chamberlain{{R>gov.uk}}{{Small|MP for East Worcestershire}}| 9 October 1903| 4 December 1905 Liberal Unionist style="height:1em”H. H. Asquith>Herbert Henry Asquith{{RMP for East Fife}}| 10 December 1905| 16 April 1908 Liberal Campbell-Bannerman style="height:1em”David Lloyd George{{London Gazette date=17 April 1908 MP for Caernarvon Boroughs}} 16 April 1908 25 May 1915 Liberal Liberal government, 1905–1915(I–III)}} style="height:1em”George V(File:Coat of Arms of the United Kingdom (1837-1952).svg|50px){{Small|(1910–1936)}} style="height:1em”Reginald McKenna{{R>gov.uk}}{{Small|MP for North Monmouthshire}}| 25 May 1915| 10 December 1916 Liberal Asquith coalition ministry{{Small>(’’Liberal Party (UK)–Conservative Party (UK)>Con.–et al.’’)}} style="height:1em”Bonar Law{{R>gov.uk}}{{SmalldivMP for Bootle (UK Parliament constituency) →Glasgow Central (UK Parliament constituency)>Glasgow Central{{Refn1918 United Kingdom general election>1918 general election.|group=1817}}}}}}| 10 December 1916| 10 January 1919 Conservative Lloyd George ministry(I & II)}} style="height:1em”Austen Chamberlain{{R>gov.uk}}{{SmallBirmingham West (UK Parliament constituency)>Birmingham West}}| 10 January 1919| 1 April 1921 Conservative style="height:1em”Robert Horne, 1st Viscount Horne of Slamannan>Robert Horne{{RMP for Glasgow Hillhead}}| 1 April 1921| 19 October 1922 Conservative style="height:1em”Stanley Baldwin{{RMP for Bewdley}} 27 October 1922 27 August 1923 Conservative Law style="height:1em”Baldwin I style="height:1em”Neville Chamberlain{{R>gov.uk}}{{Small|MP for Birmingham Ladywood}}| 27 August 1923| 22 January 1924 Conservative style="height:1em”Philip Snowden, 1st Viscount Snowden>Philip Snowden{{RMP for Colne Valley}}| 22 January 1924| 3 November 1924 Labour MacDonald I style="height:1em”Winston Churchill{{R>gov.uk}}{{SmallEpping (UK Parliament constituency)>Epping}}| 6 November 1924| 4 June 1929 Conservative Baldwin II style="height:1em”Philip Snowden, 1st Viscount SnowdenPhilip Snowden{{R>gov.uk}}{{SmallColne Valley (UK Parliament constituency)>Colne Valley}} 7 June 1929 5 November 1931 Labour MacDonald II style="height:1em”National Labour National Government (1931){{Small>(’’National Labour Organisation–Conservative Party (UK)>Con.–et al.’’)}} style="height:1em”Neville Chamberlain{{RMP for Birmingham Edgbaston}} 5 November 1931 28 May 1937 Conservative National II style="height:1em”National Government (1935–1937){{Small>(’’Conservative Party (UK)–National Labour Organisation>N.Lab.–et al.’’)}} style="height:1em”Edward VIII(File:Coat of Arms of the United Kingdom (1837-1952).svg|50px){{Small|(1936)}} style="height:1em”George VI(File:Coat of Arms of the United Kingdom (1837-1952).svg|50px){{Small|(1936–1952)}} style="height:1em”John Simon, 1st Viscount SimonJohn Simon{{R>gov.uk}}{{SmallSpen Valley (UK Parliament constituency)>Spen Valley}} 28 May 1937 12 May 1940 Liberal National National IV style="height:1em” Chamberlain War style="height:1em”Kingsley Wood{{R>gov.uk}}{{SmallWoolwich West (UK Parliament constituency)>Woolwich West}}| 12 May 1940Died|†}} Conservative Churchill war ministry{{Small>(All parties)}} style="height:1em”John Anderson, 1st Viscount WaverleyJohn Anderson{{R>gov.uk}}{{Small|MP for Combined Scottish Universities}} 24 September 1943 26 July 1945 Independent (politician){{Small>(National)}} style="height:1em”Churchill caretaker ministry{{Small>(’’Conservative Party (UK)–National Liberal Party (UK, 1931)>Lib.N.’’)}} style="height:1em”Hugh Dalton{{R>gov.uk}}{{SmallBishop Auckland (UK Parliament constituency)>Bishop Auckland}}| 27 July 1945| 13 November 1947 Labour Attlee ministry(I & II)}} style="height:1em”Stafford Cripps{{R>gov.uk}}{{SmalldivMP for Bristol East →Bristol South East{{Refn1950 United Kingdom general election>1950 general election.|group=1817}}}}}}| 13 November 1947| 19 October 1950 Labour style="height:1em”Hugh Gaitskell{{R>gov.uk}}{{SmallLeeds South (UK Parliament constituency)>Leeds South}}| 19 October 1950| 26 October 1951 Labour style="height:1em”Richard Austen Butler{{RMP for Saffron Walden}} 26 October 1951 20 December 1955 Conservative Churchill III style="height:1em”Elizabeth II(File:Royal Coat of Arms of the United Kingdom (1952-2022).svg|50x50px){{Small|(1952–2022)}} style="height:1em”Eden style="height:1em”Harold Macmillan{{R>gov.uk}}{{SmallBromley (UK Parliament constituency)>Bromley}}| 20 December 1955| 13 January 1957 Conservative style="height:1em”Peter Thorneycroft{{R>gov.uk}}{{SmallMonmouth (UK Parliament constituency)>Monmouth}}| 13 January 1957| 6 January 1958 Conservative Conservative government, 1957–1964(I & II)}} style="height:1em”Derick Heathcoat-Amory, 1st Viscount Amory>Derick Heathcoat-Amory{{RMP for Tiverton}}| 6 January 1958| 27 July 1960 Conservative style="height:1em”Selwyn Lloyd{{R>gov.uk}}{{SmallWirral (UK Parliament constituency)>Wirral}}| 27 July 1960Night of the Long Knives (1962)>13 July 1962 Conservative style="height:1em”Reginald Maudling{{London Gazette date=17 July 1962 MP for Barnet}} 16 July 1962 16 October 1964 Conservative style="height:1em”Douglas-Home style="height:1em”James Callaghan{{London Gazette >issue=43470 page=9014 }}{{Small|MP for Cardiff South East}}| 17 October 1964| 29 November 1967 Labour Labour government, 1964–1970(I & II)}} style="height:1em”Roy Jenkins{{London Gazette >issue=44469 page=13287 }}{{SmallBirmingham Stechford (UK Parliament constituency)>Birmingham Stechford}}| 29 November 1967| 19 June 1970 Labour style="height:1em”Iain Macleod{{R>gov.uk}}{{Small|MP for Enfield West}}| 20 June 1970Died|†}} Conservative Heath style="height:1em”Anthony Barber{{R>gov.uk}}{{Small|MP for Altrincham and Sale}}| 25 July 1970| 4 March 1974 Conservative style="height:1em”Denis Healey{{RMP for Leeds East}} 5 March 1974 4 May 1979 Labour Labour government, 1974–1979(III & IV)}} style="height:1em” Callaghan style="height:1em”Geoffrey Howe{{R>gov.uk}}{{Small|MP for East Surrey}}| 4 May 1979| 11 June 1983 Conservative Thatcher I style="height:1em”Nigel Lawson{{RMP for Blaby}} 11 June 1983 26 October 1989 Conservative Thatcher II style="height:1em”Thatcher III style="height:1em”John Major{{R>gov.uk}}{{SmallHuntingdon (UK Parliament constituency)>Huntingdon}}| 26 October 1989| 28 November 1990 Conservative style="height:1em”Norman Lamont{{RMP for Kingston-upon-Thames}} 28 November 1990 27 May 1993 Conservative Major I style="height:1em”Major II style="height:1em”Kenneth Clarke{{R>gov.uk}}{{SmallRushcliffe (UK Parliament constituency)>Rushcliffe}}| 27 May 1993| 2 May 1997 Conservative style="height:1em”Gordon Brown{{R>gov.uk}}{{SmalldivMP for Dunfermline East (UK Parliament constituency) →Kirkcaldy and Cowdenbeath{{Refn>Elected to a new constituency in the 2005 United Kingdom general election.>group=1817}}}}}}| 2 May 1997| 27 June 2007 Labour Blair{{SmallFirst Blair ministry>I, Second Blair ministry & Third Blair ministry>III)}} style="height:1em”Alistair Darling{{London Gazette >issue=58389 page=9979 }}{{Small|MP for Edinburgh South West}}| 28 June 2007| 11 May 2010 Labour Brown style="height:1em”George Osborne{{London Gazette date=21 May 2010 MP for Tatton}} 11 May 2010 13 July 2016 Conservative Cameron–Clegg{{SmallConservative Party (UK)>Con.–L.D.)}} style="height:1em” Cameron II style="height:1em”Philip Hammond13 JULY 2016 >TITLE=PHILIP HAMMOND APPOINTED CHANCELLOR URL=HTTPS://WWW.BBC.CO.UK/NEWS/BUSINESS-36789689 MP for Runnymede and Weybridge}} 13 July 2016 24 July 2019 Conservative May I style="height:1em” May II style="height:1em”Sajid Javid24 JULY 2019 >TITLE=SAJID JAVID CONFIRMED AS CHANCELLOR URL=HTTPS://WWW.THEGUARDIAN.COM/UK-NEWS/LIVE/2019/JUL/24/BORIS-JOHNSON-PREPARES-TO-ENTER-DOWNING-ST-AND-NAME-CABINET-THERESA-MAY-PRIME-MINISTER-LIVE-NEWS?PAGE=WITH:BLOCK-5D3896FD8F0845F89E313AC8#BLOCK-5D3896FD8F0845F89E313AC8 LANGUAGE=EN-GB URL=HTTPS://WWW.BBC.COM/NEWS/UK-POLITICS-51491662 MP for Bromsgrove}} 24 July 2019 13 February 2020 Conservative Johnson I style="height:1em”Johnson II style="height:1em”Rishi Sunak13 FEBRUARY 2020 LANGUAGE=EN-GB URL=HTTPS://WWW.STANDARD.CO.UK/NEWS/POLITICS/RISHI-SUNAK-SAJID-JAVID-REPLACEMENT-CHANCELLOR-ABOUT-A4361256.HTML MP for Richmond (Yorks)}}| 13 February 2020July 2022 United Kingdom government crisis>5 July 2022 Conservative style="height:1em”Nadhim Zahawi5 JULY 2022 LANGUAGE=EN-GB URL=HTTPS://NEWS.SKY.COM/STORY/NADHIM-ZAHAWI-MADE-CHANCELLOR-AFTER-RISHI-SUNAK-RESIGNS-AS-STEVE-BARCLAY-REPLACES-SAJID-JAVID-AS-HEALTH-SECRETARY-12646552 MP for Stratford-on-Avon}}| 5 July 2022| 6 September 2022 Conservative style="height:1em”Kwasi Kwarteng2022-09-06 >TITLE=KWASI KWARTENG IS THE UK’S NEW CHANCELLOR ACCESS-DATE=2022-09-28 LANGUAGE=EN-US, {{SmallSpelthorne (UK Parliament constituency)>Spelthorne}} 6 September 2022 14 October 2022 Conservative Truss style="height:1em”Charles III(File:Royal Coat of Arms of the United Kingdom (2022).svg|60px){{Small|(2022–present)}} style="height:1em”Jeremy HuntJEREMY HUNT MADE CHANCELLOR AFTER LIZ TRUSS SACKS KWASI KWARTENG >URL=HTTPS://NEWS.SKY.COM/STORY/JEREMY-HUNT-MADE-CHANCELLOR-AFTER-LIZ-TRUSS-SACKS-KWASI-KWARTENG-12720267 WORK=SKY NEWS LANGUAGE=EN, HTTPS://WWW.BBC.CO.UK/NEWS/LIVE/UK-POLITICS-63375473?NS_MCHANNEL=SOCIAL&NS_SOURCE=TWITTER&NS_CAMPAIGN=BBC_LIVE&NS_LINKNAME=6357D50A92171F0E39BE96A4%26JEREMY%20HUNT%20TO%20REMAIN%20AS%20CHANCELLOR%262022-10-25T14%3A45%3A11.335Z&NS_FEE=0&PINNED_POST_LOCATOR=URN:ASSET:5C63253F-485F-4F8B-A9DF-B51788CF7FD9&PINNED_POST_ASSET_ID=6357D50A92171F0E39BE96A4&PINNED_POST_TYPE=SHARE>TITLE=JEREMY HUNT TO REMAIN AS CHANCELLORLAST=GILESDATE=25 OCTOBER 2022MP for South West Surrey}} 14 October 2022 Incumbent Conservative style="height:1em”Sunak{{Reflist|group=1817}}

Timeline

1817–present

{{#tag:timeline|ImageSize = width:1000 height:auto barincrement:12TimeAxis = orientation:horizontalAlignBars = latePlotArea = width:90% left:20 top:10 bottom:90Legend = columns:4 left:120 top:55 columnwidth:160DateFormat = dd/mm/yyyyPeriod = from:01/01/1810 till:31/12/{{#time:Y}}TimeAxis = orientation:horizontalColors = ScaleMajor = unit:year increment:10 start:01/01/1810ScaleMinor = unit:year increment:2 start:01/01/1810Define $now = {{#time:d/m/Y|-3 hours}}TextData = BarData = PlotData= }}

See also

• Shadow Chancellor of the Exchequer
• List of lord high treasurers of England and Great Britain

Notes

{{Notelist}}

References

{{Reflist}}

Further reading

• Barber, Stephen. “’Westminster’s wingman’? Shadow chancellor as a strategic and coveted political role.” British Politics 11.2 (2016): 184–204.
• Baxter, Stephen B. The Development of the Treasury, 1660–1702 (1957) online
• Browning, Peter. The Treasury and Economic Policy: 1964–1985 (Longman, 1986).
• Dell, Edmund. The Chancellors: A History of the Chancellors of the Exchequer, 1945–90 (HarperCollins, 1997) 619pp; 17 chapters covering the terms of each chancellor.
• Holt, Richard. Second Amongst Equals: Chancellors of the Exchequer and the British Economy (Profile Books, 2001).
• Jenkins, Roy. The Chancellors (1998); 497pp; covers entire career as well as term in office of 19 chancellors from 1886 to 1947.
• Kynaston, David. The chancellor of the exchequer (T. Dalton, 1980).
• Peden, G. C. The Treasury and British Public Policy, 1906–1959 (Oxford UP, 2000). online
• Seldon, Anthony. The Impossible Office? The History of the British Prime Minister (2021) excerpt major scholarly history. Covers the relations with Prime Minister in Chapter 9.
• Vincent, Nicholas C. “The Origins of the Chancellorship of the Exchequer.” English Historical Review 108.426 (1993): 105–121. in JSTOR
• Woodward, Nicholas. The management of the British economy, 1945–2001 (Manchester University Press, 2004).

External links

{{Commons category}}

• {{Official website}}

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