Difference between revisions of "Economic Secretary to the Treasury"

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|description=UK civil servant responsible for devising regulations, orders and legislation in various matters. These matters include [[banking]] and [[finance]], including [[banks]], [[insurance]], personal savings, [[financial regulation]], and foreign exchange reserves.
 
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The '''Economic Secretary to the Treasury''' is the sixth-most senior ministerial post in the [[HM Treasury|UK Treasury]], after the [[First Lord of the Treasury]], the [[Chancellor of the Exchequer]], the [[Chief Secretary to the Treasury]], the [[Paymaster-General]] and the [[Financial Secretary to the Treasury]]. It is not a [[Cabinet (government)|cabinet]]-level post.
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==Responsibilities==
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The Economic Secretary is responsible, though more senior ministers share in decision-making, for the answering of written and verbal parliamentary questions and for the devising of regulations, orders and legislation in various matters. These matters include [[bank]]ing and finance, including banks, insurance, personal savings, [[financial regulation]], and [[foreign exchange reserves]]. He or she is also involved in [[taxation]] as it impacts on these areas, such as tax on savings and pensions, and [[Insurance Premium Tax (United Kingdom)|Insurance Premium Tax]]. In addition, the Economic Secretary advises on economic policy and works with other Treasury ministers on the [[Comprehensive Spending Review]] and [[Finance Bill|finance bills]].<ref>https://web.archive.org/web/20070702175544/http://www.hm-treasury.gov.uk/about/ministerial_profiles/minprofile_index.cfm </ref>
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==References==
 
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Latest revision as of 07:58, 29 November 2021


Employment.png Economic Secretary to the Treasury 
StartDecember 1947
Websitehttp://www.hm-treasury.gov.uk/
UK civil servant responsible for devising regulations, orders and legislation in various matters. These matters include banking and finance, including banks, insurance, personal savings, financial regulation, and foreign exchange reserves.

The Economic Secretary to the Treasury is the sixth-most senior ministerial post in the UK Treasury, after the First Lord of the Treasury, the Chancellor of the Exchequer, the Chief Secretary to the Treasury, the Paymaster-General and the Financial Secretary to the Treasury. It is not a cabinet-level post.

Responsibilities

The Economic Secretary is responsible, though more senior ministers share in decision-making, for the answering of written and verbal parliamentary questions and for the devising of regulations, orders and legislation in various matters. These matters include banking and finance, including banks, insurance, personal savings, financial regulation, and foreign exchange reserves. He or she is also involved in taxation as it impacts on these areas, such as tax on savings and pensions, and Insurance Premium Tax. In addition, the Economic Secretary advises on economic policy and works with other Treasury ministers on the Comprehensive Spending Review and finance bills.[1]


 

Office Holders on Wikispooks

NameFromTo
John Glen9 January 2018
Stephen Barclay14 June 20179 January 2018
Simon Kirby17 July 20168 June 2017
Harriett Baldwin11 May 201516 July 2016
Andrea Leadsom9 April 201411 May 2015
Nicky Morgan7 October 20139 April 2014
Sajid Javid4 September 20127 October 2013
Justine Greening13 May 201014 October 2011
Ed Balls6 May 200628 June 2007
Ruth Kelly8 June 200115 May 2002
Melanie Johnson17 May 19998 June 2001
Patricia Hewitt27 July 199817 May 1999
Helen Liddell3 May 199727 July 1998
Peter Lilley11 June 198724 July 1989
Anthony Crosland19 October 196422 December 1964
Anthony Barber22 October 195916 July 1962
Reginald Maudling19527 April 1955
Douglas Jay13 November 194723 February 1950
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References

  1. ↑ https://web.archive.org/web/20070702175544/http://www.hm-treasury.gov.uk/about/ministerial_profiles/minprofile_index.cfm
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