United Kingdom Chief Secretary to the Treasury | |
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His Majesty's Treasury | |
Style | The Right Honourable |
Reports to | Chancellor of the Exchequer Prime Minister |
Nominator | Prime Minister |
Appointer | The Monarch (on the advice of the Prime Minister) |
Term length | At His Majesty's pleasure |
Formation | 8 October 1961 |
First holder | Henry Brooke |
Salary | £121,326 per annum (2022) [1] (including £86,584 MP salary) [2] |
Website | Official Website |
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The Chief Secretary to the Treasury is a ministerial office in the government of the United Kingdom and is the second most senior ministerial office in HM Treasury, after the Chancellor of the Exchequer. The office was created in 1961 to share the burden of representing HM Treasury with the chancellor.[ citation needed ]
The minister is shadowed by the Shadow Chief Secretary to the Treasury who sits on the Official Opposition frontbench.
Between 1961 and 2015, the holder of the office of Chief Secretary to the Treasury was of full cabinet rank. This formally made HM Treasury the only department to have more than one ministerial position of cabinet rank. [3] [4] Since 2015, however, the status of the office has been reduced to "also attending Cabinet".[ citation needed ]
The office holder is responsible for public expenditure, including spending reviews. [5]
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