The chancellor of the Exchequer, often abbreviated to Chancellor, is a senior minister of the Crown within the Government of the United Kingdom, 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.
His Majesty's Treasury, occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and economic policy. The Treasury maintains the Online System for Central Accounting and Reporting (OSCAR), the replacement for the Combined Online Information System (COINS), which itemises departmental spending under thousands of category headings, and from which the Whole of Government Accounts (WGA) annual financial statements are produced.
Chancellor is a title of various official positions in the governments of many nations. The original chancellors were the cancellarii of Roman courts of justice—ushers, who sat at the cancelli or lattice work screens of a basilica or law court, which separated the judge and counsel from the audience. A chancellor's office is called a chancellery or chancery. The word is now used in the titles of many various officers in various settings. Nowadays the term is most often used to describe:
The Lord Chancellor, formally titled Lord High Chancellor of Great Britain, is the highest-ranking traditional minister among the Great Officers of State in Scotland and England in the United Kingdom, nominally outranking the prime minister. The lord chancellor is appointed by the sovereign on the advice of the prime minister. Prior to the union of England and Scotland into the Kingdom of Great Britain, there were separate lord chancellors for the Kingdom of England and the Kingdom of Scotland. There were Lord Chancellors of Ireland until 1922.
The First Lord of the Treasury is the head of the Lords Commissioners of the Treasury exercising the ancient office of Lord High Treasurer in the United Kingdom. Constitutional convention holds that the office of First Lord is held by the Prime Minister. The office is not the United Kingdom's finance minister; this role is instead held by the Chancellor of the Exchequer, who is the second lord of the Treasury.
His Majesty's Paymaster General or HM Paymaster General is a ministerial position in the Cabinet Office of the United Kingdom. The incumbent Paymaster General is John Glen.
In the civil service of the United Kingdom, His Majesty's Exchequer, or just the Exchequer, is the accounting process of central government and the government's current account in the Consolidated Fund. The term is used in various financial documents, including the latest departmental and agency annual accounts.
In the United Kingdom, there are several Secretaries to the Treasury, who are Treasury ministers nominally acting as secretaries to HM Treasury. The origins of the office are unclear, although it probably originated during Lord Burghley's tenure as Lord Treasurer in the 16th century. The number of secretaries was expanded to two by 1714 at the latest. The Treasury ministers together discharge all the former functions of the Lord Treasurer, which are nowadays nominally vested in the Lords Commissioners of the Treasury. Of the Commissioners, only the Second Lord of the Treasury, who is also the Chancellor of the Exchequer, is a Treasury minister.
Government in medieval monarchies generally comprised the king's companions, later becoming the Royal Household, from which the officers of state arose, initially having household and government duties. Later some of these officers became two: one serving state and one serving household. They were superseded by new officers, or were absorbed by existing officers. Many of the officers became hereditary and thus removed from practical operation of either the state or the household.
William Vesey-FitzGerald, 2nd Baron FitzGerald and Vesey, was an Anglo-Irish statesman. A Tory, he served in the governments of Lord Wellington and Robert Peel, but is best known for his defeat in the 1828 Clare by-election, hastening Catholic Emancipation across Britain and Ireland.
In many states with political systems derived from the Westminster system, a consolidated fund or consolidated revenue fund is the main bank account of the government. General taxation is taxation paid into the consolidated fund, and general spending is paid out of the consolidated fund.
In the United Kingdom there are at least six Lords Commissioners of His Majesty's Treasury, serving as a commission for the ancient office of Treasurer of the Exchequer. The board consists of the First Lord of the Treasury, the Second Lord of the Treasury, and four or more junior lords acting as whips in the House of Commons to whom this title is usually applied.
The Canningites, led by George Canning and then the Viscount Goderich as First Lord of the Treasury, governed the United Kingdom of Great Britain and Ireland from 1827 until 1828.
The Lord High Treasurer of Ireland was the head of the Exchequer of Ireland, and chief financial officer of the Kingdom of Ireland. The designation High was added in 1695.
The Exchequer of Ireland was a body in the Kingdom of Ireland tasked with collecting royal revenue. Modelled on the English Exchequer, it was created in 1210 after King John of England applied English law and legal structure to his Lordship of Ireland. The Exchequer was divided into two parts; the Superior Exchequer, which acted as a court of equity and revenue in a way similar to the English Exchequer of Pleas, and the Inferior Exchequer, which directly collected revenue from those who owed The Crown money, principally rents for Crown lands. The Exchequer primarily worked in a way similar to the English legal system, holding a similar jurisdiction. Following the Act of Union 1800, which incorporated Ireland into the United Kingdom, the Exchequer was merged with the English Exchequer in 1817 and ceased to function as an independent body, although the Irish Court of Exchequer, like other Irish courts, remained separate from the English equivalent.
The order of precedence in Ireland was fixed by Royal Warrant on 2 January 1897 during Ireland's ties to the United Kingdom of Great Britain and Ireland.
The position of Prime Minister of the United Kingdom was not created as a result of a single action; it evolved slowly and organically over three hundred years due to numerous Acts of Parliament, political developments, and accidents of history.
In the United Kingdom, the Great Officers of State are traditional ministers of the Crown who either inherit their positions or are appointed to exercise certain largely ceremonial functions or to operate as members of the government. Separate Great Officers exist for England and Wales, Scotland, and formerly for Ireland, though some exist for Great Britain and the United Kingdom as a whole.
