Treasury (UK Treasury)

The UK Treasury, officially known as Her Majesty's Treasury, is the government department responsible for managing the country's finances. It oversees the national budget, taxation, and public spending, aiming to promote economic growth and stability. The Treasury prepares financial policies, controls public debt, and manages government investments. It plays a crucial role in economic planning, responding to financial challenges, and ensuring that public services are adequately funded. The Chancellor of the Exchequer, a senior government official, leads the Treasury and presents the budget to Parliament, outlining how the government plans to spend money each year.