Chancellor of the Exchequer

The Chancellor of the Exchequer is a senior government official in the UK responsible for managing the country’s finances. Their main duties include preparing the government’s budget, overseeing taxation, and controlling public spending. Essentially, they ensure that the government collects enough revenue through taxes and spends it wisely to fund public services like healthcare, education, and infrastructure. The Chancellor also advises the government on economic policy and works to maintain financial stability. They are a key figure in shaping the country’s economic strategy and are typically a member of the Prime Minister’s Cabinet.