HM Treasury

from Wikipedia, the free encyclopedia

HM Treasury

founding 1066 or earlier
Authority management Rishi Sunak (Chancellor of the Exchequer)
Web presence www.hm-treasury.gov.uk

HM Treasury ( Treasury or Her / His Majesty's Treasury for short ; German Her / His Majesty's Treasury ) is the British Ministry of Finance and Economics. Head is the Chancellor of the Exchequer . The last incumbent was Sajid Javid until his resignation on February 13, 2020 . He was succeeded by Rishi Sunak .

The ministry maintains an information system (COINS = Combined Online Information System) which offers detailed expense lists under thousands of categories.

history

The Ministry traces its origins back to the Kingdom of England , which was established in 1126 under the reign of Henry I of England . Originally Treasury ( Engl. Treasury) the place where the king kept his treasures. The head of this place was Lord Treasurer ( Lord Treasurer called). With the House of Tudor , the Lord Treasurer became one of the most important representatives of the state and competed with the Lord Chancellor ( Lord Chancellor ) for the most important rank. 1667 proclaimed Charles II. Sir George Downing , the builder of Downing Street to the Treasury ( Treasury ) and the taxation reform radically.

Early 16th century, the Treasury was Treasury frequently a commission entrusted as an individual. From 1714 only commissions were appointed. The commissioners were as Lord Treasurer ( Lords of the Treasury designated) and on the basis of seniority with a number distinction (first, second ...). Eventually, the First Treasure Lord was considered the head of government, and from Robert Walpole on , they became the unofficial prime minister . Before 1827 was the first Lord of the Treasury, if it the House of Commons was a member, the title of Chancellor of the Exchequer ( Chancellor of the Exchequer , while when the first Lord of the) House of Lords was a member, served the Second Lord of the Treasury as Chancellor of the Exchequer. From 1827 the Chancellor of the Exchequer was always the Second Lord.

See also

Web links

Individual evidence

  1. ↑ http://www.hm-treasury.gov.uk/about_history.htm
  2. ↑ Rowena Mason, Heather Stewart: Javid resigned after Johnson pushed him to sack advisers . In: The Guardian . February 13, 2020, ISSN  0261-3077 ( theguardian.com [accessed April 18, 2020]).
  3. ↑ http://www.bbc.co.uk/blogs/opensecrets/2009/09/how_big_is_the_coins_database.html COINS database

Coordinates: 51 ° 30 ′ 6 ″  N , 0 ° 7 ′ 40 ″  W.