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Chancellor of the Exchequer

Imagine a super-important job in the UK that's like being the boss of all the money!

Images

25 years ago today #GiftAid was launched by Chancellor of the Exchequer John Major MP and Olympic swimmer Sharron Davies. It has generated £60 billion for good causes since.

25 years ago today #GiftAid was launched by Chancellor of the Exchequer John Major MP and Olympic swimmer Sharron Davies. It has generated £60 billion for good causes since.

openverse
Financial Statement and Budget Report by the Chancellor of the Exchequer - ID 41759
Chancellor of the Exchequer
Financial Statement and Budget Report by the Chancellor of the Exchequer - ID 41773
Financial Statement and Budget Report by the Chancellor of the Exchequer - ID 41771
The Chancellor of the Exchequer and the Secretary of State for Defence hold a roundtable with the Defence & Economic Growth Taskforce
George Osborne, Chancellor of the Exchequer, during his opening speech
Chancellor of the Exchequer George Osborne
Financial Statement and Budget Report by the Chancellor of the Exchequer - ID 41778
Chancellor of the Exchequer and Commercial Secretary to the Treasury
Financial Statement and Budget Report by the Chancellor of the Exchequer - ID 41764 (cropped)
The Chancellor of the Exchequer and the Secretary of State for Defence hold a roundtable with the Defence & Economic Growth Taskforce

Key Facts

Job Title
Chancellor of the Exchequer.
Government Department
Head of His Majesty's Treasury.
Age of Role
Records date back to 1129-1130.
Current Holder
Rachel Reeves.

Who's the Money Master?

The Chancellor of the Exchequer is a very important person in the United Kingdom government. They are like the captain of a ship called His Majesty's Treasury, which is in charge of all the country's money. This job is one of the biggest and most powerful in the whole government, almost as important as the Prime Minister!

They make sure everyone in the country has the money they need for important things like schools and hospitals.

How Do They Spend the Kingdom's Coins?

The Chancellor decides how the government spends its money. Think of it like your allowance: you have to decide if you want to buy a new toy or save up for something bigger. The Chancellor looks at all the different parts of the government, like the people who build roads or the ones who look after parks, and decides how much money each gets.

They also decide how much tax people and businesses have to pay.

Why Is This Job So Cool?

This job is super important because it helps make sure the country runs smoothly. If the Chancellor makes good decisions, everyone can go to school, visit the doctor, and have safe places to play. They have to be really good at maths and planning, like a super-smart accountant! It's a job that affects everyone's lives, from the smallest baby to the oldest grandparent.

A Job From Long, Long Ago!

This job is really old, like, older than your grandparents' grandparents! It started a super long time ago when kings and queens needed someone to look after all their treasure. The first records we have of this job are from almost 1,000 years ago! It used to be in charge of collecting all the money for the king, which was a huge and important task back then.

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Based on content from Wikipedia · Licensed under CC BY-SA 4.0