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The chancellor of the exchequer, often abbreviated to chancellor, [3] is a senior minister of the Crown within the Government of the United Kingdom, and the 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 .
Rachel Jane Reeves (born 13 February 1979) is a British politician who has served as Chancellor of the Exchequer since July 2024. A member of the Labour Party, she has been Member of Parliament (MP) for Leeds West and Pudsey, formerly Leeds West, since 2010.
Shadow Chancellor Jeremy Hunt dismissed her claims as "spurious", and argued that details of all government spending had been released by the Office for Budget Responsibility. [21] [22] During a subsequent appearance on Sky News, Reeves accused Hunt of "knowingly and deliberately" lying about the state of public services during the election ...
Rachel Reeves will present her first Budget as the UK's first female chancellor to the House of Commons on Wednesday (30 October). Ms Reeves is the first female to hold the second most important ...
Chancellor (Latin: cancellarius) is a title of various official positions in the governments of many countries.The original chancellors were the cancellarii of Roman courts of justice—ushers, who sat at the cancelli (lattice work screens) of a basilica (court hall), which separated the judge and counsel from the audience.
At his inauguration as chancellor in 2021, Scholz took the oath of office without a reference to God (the second chancellor to do so after Gerhard Schröder). He is the first chancellor of the Federal Republic of Germany who is not a member of a church.
Hunt was appointed Chancellor of the Exchequer by Liz Truss on 14 October 2022, following the dismissal of Kwasi Kwarteng, and retained the post in Rishi Sunak's ministry following Truss's resignation amid a government crisis. During his time in the position, Hunt presented two budgets in 2023 and 2024 and two autumn statements in 2022 and 2023.
The chancellor’s salary was set at $620,000 when he started, according to a term sheet provided by university officials after he was permanently hired. His current salary is listed in a UNC ...