The Chancellor of the Exchequer is the government’s chief financial minister and is responsible for growing the UK economy, raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.
\n\nThe Chancellor’s responsibilities cover:
\n\nEconomic and fiscal policy (including presenting the annual Budget)
\nOversight of the monetary framework, including setting the inflation remit, and liaison with the Governor of the Bank of England on monetary policy
\nUK growth and productivity, including working across government on innovation, new technologies, skills, labour markets, migration and competition.
\nUK public financial institutions
\nCapital markets and listings
\nLeading on international economic and financial affairs including at the G7 and G20 and acting as the UK Governor of the IMF, EBRD and AIIB.
\nEconomic security and resilience policy
\nInternational defence and security financing
\nJohn Healey was appointed Chancellor of the Exchequer on 20 July 2026.
\n\nHe was previously Secretary of State for Defence from 5 July 2024 to 11 June 2026. He was elected as the MP for Rawmarsh and Conisbrough in July 2024.
\n\nHe was Shadow Housing Secretary from 2015 to 2020 and Shadow Health Secretary from 2010-2011. During Labour’s time in Government, John was PPS to the Chancellor of the Exchequer from 1999-2001 and a Minister from 2001-2010, serving successively as Adult Skills Minister, Treasury Minister, Local Government Minister and Housing Minister.
\n\nBefore entering Parliament, John was Campaigns Director at the Trades Union Congress and a disability rights campaigner.
\n\nJohn is married with one son and lives in Rotherham.
\n","image":{"url":"https://assets.publishing.service.gov.uk/media/668814444a94d44125d9cd99/s465_john-healey.jpg"}},"document_type":"person","links":{},"locale":"en","public_updated_at":"2026-07-20T17:50:11Z","schema_name":"person","title":"The Rt Hon John Healey MP","web_url":"https://www.gov.uk/government/people/john-healey","withdrawn":false}],"role":[{"api_path":"/api/content/government/ministers/chancellor-of-the-exchequer","api_url":"https://www.gov.uk/api/content/government/ministers/chancellor-of-the-exchequer","base_path":"/government/ministers/chancellor-of-the-exchequer","content_id":"845e5c6b-c0f1-11e4-8223-005056011aef","details":{"body":"The Chancellor of the Exchequer is the government’s chief financial minister and is responsible for growing the UK economy, raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.
\n\nThe Chancellor’s responsibilities cover:
\n\nEconomic and fiscal policy (including presenting the annual Budget)
\nOversight of the monetary framework, including setting the inflation remit, and liaison with the Governor of the Bank of England on monetary policy
\nUK growth and productivity, including working across government on innovation, new technologies, skills, labour markets, migration and competition.
\nUK public financial institutions
\nCapital markets and listings
\nLeading on international economic and financial affairs including at the G7 and G20 and acting as the UK Governor of the IMF, EBRD and AIIB.
\nEconomic security and resilience policy
\nInternational defence and security financing
\nRachel Reeves was Chancellor of the Exchequer between 5 July 2024 and 20 July 2026. She was elected as the MP for Leeds West and Pudsey in July 2024.
\n","image":{"url":"https://assets.publishing.service.gov.uk/media/668805eb4a94d44125d9cd83/s465_rachel-reeves.jpg"}},"document_type":"person","links":{},"locale":"en","public_updated_at":"2026-07-20T17:48:57Z","schema_name":"person","title":"The Rt Hon Rachel Reeves MP","web_url":"https://www.gov.uk/government/people/rachel-reeves","withdrawn":false}],"role":[{"api_path":"/api/content/government/ministers/chancellor-of-the-exchequer","api_url":"https://www.gov.uk/api/content/government/ministers/chancellor-of-the-exchequer","base_path":"/government/ministers/chancellor-of-the-exchequer","content_id":"845e5c6b-c0f1-11e4-8223-005056011aef","details":{"body":"The Chancellor of the Exchequer is the government’s chief financial minister and is responsible for growing the UK economy, raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.
\n\nThe Chancellor’s responsibilities cover:
\n\nEconomic and fiscal policy (including presenting the annual Budget)
\nOversight of the monetary framework, including setting the inflation remit, and liaison with the Governor of the Bank of England on monetary policy
\nUK growth and productivity, including working across government on innovation, new technologies, skills, labour markets, migration and competition.
\nUK public financial institutions
\nCapital markets and listings
\nLeading on international economic and financial affairs including at the G7 and G20 and acting as the UK Governor of the IMF, EBRD and AIIB.
\nEconomic security and resilience policy
\nInternational defence and security financing
\nJeremy Hunt was Chancellor of the Exchequer between 14 October 2022 and 5 July 2024.
\n\nHe served as Secretary of State for Foreign and Commonwealth Affairs from 9 July 2018 to 24 July 2019. He was elected Conservative MP for South West Surrey in May 2005.
\n\nJeremy was educated at Oxford University.
\n\nJeremy served as Secretary of State for Health and Social Care from 8 January 2018 to 9 July 2018 and was first appointed Secretary of State for Health in September 2012.
\n\nIn May 2010 Jeremy was appointed Secretary of State for Culture, Olympics, Media and Sport. He was formerly Shadow Culture Secretary 2007 to 2010 and Shadow Minister for Disabled People 2005 to 2007.
\n\nBefore his election as an MP, Jeremy ran his own educational publishing business, Hotcourses. He also set up a charity to help AIDS orphans in Africa in which he continues to play an active role.
\n\nJeremy lives in Godalming and London with his wife, son and 2 daughters.
\n","image":{"url":"https://assets.publishing.service.gov.uk/media/63d7df3fd3bf7f252a730a09/s465_Jeremy_Hunt_profile_picture.jpg"}},"document_type":"person","links":{},"locale":"en","public_updated_at":"2024-07-18T09:24:20Z","schema_name":"person","title":"The Rt Hon Jeremy Hunt MP","web_url":"https://www.gov.uk/government/people/jeremy-hunt","withdrawn":false}],"role":[{"api_path":"/api/content/government/ministers/chancellor-of-the-exchequer","api_url":"https://www.gov.uk/api/content/government/ministers/chancellor-of-the-exchequer","base_path":"/government/ministers/chancellor-of-the-exchequer","content_id":"845e5c6b-c0f1-11e4-8223-005056011aef","details":{"body":"The Chancellor of the Exchequer is the government’s chief financial minister and is responsible for growing the UK economy, raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.
\n\nThe Chancellor’s responsibilities cover:
\n\nEconomic and fiscal policy (including presenting the annual Budget)
\nOversight of the monetary framework, including setting the inflation remit, and liaison with the Governor of the Bank of England on monetary policy
\nUK growth and productivity, including working across government on innovation, new technologies, skills, labour markets, migration and competition.
\nUK public financial institutions
\nCapital markets and listings
\nLeading on international economic and financial affairs including at the G7 and G20 and acting as the UK Governor of the IMF, EBRD and AIIB.
\nEconomic security and resilience policy
\nInternational defence and security financing
\nKwasi Kwarteng was previously appointed Chancellor of the Exchequer from 6 September 2022 to 14 October 2022.
\n\nHe was Secretary of State at the Department of Business, Energy and Industrial Strategy between 8 January 2021 and 6 September 2022.
\n\nHe was previously Minister of State at the Department of Business, Energy and Industrial Strategy.
\n\nKwasi was Parliamentary Under Secretary of State in the Department for Exiting the European Union from 16 November 2018 to 24 July 2019.
\n\nKwasi read classics and history at Trinity College, Cambridge, and then attended Harvard University on a Kennedy Scholarship. He earned a PhD in economic history from the University of Cambridge in 2000.
\n\nBefore becoming a Member of Parliament, Kwasi worked as an analyst in financial services.
\n\nKwasi was elected the Conservative MP for Spelthorne in 2010. From 2010 until 2013 he was a member of the Transport Select Committee, and in 2013 he joined the Work and Pensions Select Committee where he was a member until 2015.
\n\nIn October 2016 Kwasi joined the Public Accounts Committee, where he was a member until May 2017.
\n\nIn 2015 Kwasi was appointed as Parliamentary Private Secretary to the Leader of the House of Lords, and in 2017 he became Parliamentary Private Secretary to the Chancellor of the Exchequer.
\n\nKwasi’s passions include history, music and languages. He has lived in and around London for most of his life. He has authored several books, including Ghosts of Empire, War and Gold and Thatcher’s Trial.
\n","image":{"url":"https://assets.publishing.service.gov.uk/media/60069a638fa8f55f6eb80db3/s465_13012021_No10_PF_KwasiKwartengPortrait_005-960.jpg"}},"document_type":"person","links":{},"locale":"en","public_updated_at":"2024-05-29T23:01:16Z","schema_name":"person","title":"The Rt Hon Kwasi Kwarteng","web_url":"https://www.gov.uk/government/people/kwasi-kwarteng","withdrawn":false}],"role":[{"api_path":"/api/content/government/ministers/chancellor-of-the-exchequer","api_url":"https://www.gov.uk/api/content/government/ministers/chancellor-of-the-exchequer","base_path":"/government/ministers/chancellor-of-the-exchequer","content_id":"845e5c6b-c0f1-11e4-8223-005056011aef","details":{"body":"The Chancellor of the Exchequer is the government’s chief financial minister and is responsible for growing the UK economy, raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.
\n\nThe Chancellor’s responsibilities cover:
\n\nEconomic and fiscal policy (including presenting the annual Budget)
\nOversight of the monetary framework, including setting the inflation remit, and liaison with the Governor of the Bank of England on monetary policy
\nUK growth and productivity, including working across government on innovation, new technologies, skills, labour markets, migration and competition.
\nUK public financial institutions
\nCapital markets and listings
\nLeading on international economic and financial affairs including at the G7 and G20 and acting as the UK Governor of the IMF, EBRD and AIIB.
\nEconomic security and resilience policy
\nInternational defence and security financing
\nHe was previously Minister without Portfolio in the Cabinet Office from 25 October 2022 to 29 January 2023
\n\nHe was previously Chancellor of the Duchy of Lancaster, Minister for Intergovernmental Relations and Minister for Equalities from 6 September to 25 October 2022.
\n\nHe was previously Chancellor of the Exchequer between 5 July 2022 and 6 September 2022.
\n\nHe was previously Secretary of State for Education from 15 September 2021 to July 2022.
\n\nHe was Parliamentary Under Secretary of State at the Department for Business, Energy and Industrial Strategy from 26 July 2019 to 15 September 2021 and Parliamentary Under Secretary of State at the Department of Health and Social Care from 28 November 2020 to 15 September 2021.
\n\nHe was previously Parliamentary Under Secretary of State at the Department for Education from 9 January 2018 to 26 July 2019.
\n\nNadhim was elected as Conservative MP for Stratford-on-Avon in May 2010.
\n","image":{"url":"https://assets.publishing.service.gov.uk/media/62c54621d3bf7f2ffb6e6cd1/s465_Nahim_2.jpg"}},"document_type":"person","links":{},"locale":"en","public_updated_at":"2024-05-29T23:01:13Z","schema_name":"person","title":"The Rt Hon Nadhim Zahawi","web_url":"https://www.gov.uk/government/people/nadhim-zahawi","withdrawn":false}],"role":[{"api_path":"/api/content/government/ministers/chancellor-of-the-exchequer","api_url":"https://www.gov.uk/api/content/government/ministers/chancellor-of-the-exchequer","base_path":"/government/ministers/chancellor-of-the-exchequer","content_id":"845e5c6b-c0f1-11e4-8223-005056011aef","details":{"body":"The Chancellor of the Exchequer is the government’s chief financial minister and is responsible for growing the UK economy, raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.
\n\nThe Chancellor’s responsibilities cover:
\n\nEconomic and fiscal policy (including presenting the annual Budget)
\nOversight of the monetary framework, including setting the inflation remit, and liaison with the Governor of the Bank of England on monetary policy
\nUK growth and productivity, including working across government on innovation, new technologies, skills, labour markets, migration and competition.
\nUK public financial institutions
\nCapital markets and listings
\nLeading on international economic and financial affairs including at the G7 and G20 and acting as the UK Governor of the IMF, EBRD and AIIB.
\nEconomic security and resilience policy
\nInternational defence and security financing
\nRishi Sunak was Prime Minister between 25 October 2022 and 5 July 2024.
\n\nHe was previously appointed Chancellor of the Exchequer from 13 February 2020 to 5 July 2022.
\n\nHe was Chief Secretary to the Treasury from 24 July 2019 to 13 February 2020, and Parliamentary Under Secretary of State at the Ministry of Housing, Communities and Local Government from 9 January 2018 to 24 July 2019.
\n\nRishi went to Winchester College and studied Politics, Philosophy and Economics at Oxford University. He was also a Fulbright Scholar at Stanford University (USA) where he studied for his MBA.
\n\nRishi was elected Conservative MP for Richmond (Yorks) in May 2015 and served as a Parliamentary Private Secretary at the Department for Business, Energy and Industrial Strategy from June 2017 until his ministerial appointment.
\n\nRishi spent his professional career before politics in business and finance, working internationally. He co-founded an investment firm working with companies in multiple geographies. He then used that experience to help small and entrepreneurial British companies grow.
\n\nRishi is married with two young daughters.
\n","image":{"url":"https://assets.publishing.service.gov.uk/media/635a60d6d3bf7f20d8aa6805/s465_Rishi_profile.jpg"}},"document_type":"person","links":{},"locale":"en","public_updated_at":"2024-07-15T10:32:36Z","schema_name":"person","title":"The Rt Hon Rishi Sunak MP","web_url":"https://www.gov.uk/government/people/rishi-sunak","withdrawn":false}],"role":[{"api_path":"/api/content/government/ministers/chancellor-of-the-exchequer","api_url":"https://www.gov.uk/api/content/government/ministers/chancellor-of-the-exchequer","base_path":"/government/ministers/chancellor-of-the-exchequer","content_id":"845e5c6b-c0f1-11e4-8223-005056011aef","details":{"body":"The Chancellor of the Exchequer is the government’s chief financial minister and is responsible for growing the UK economy, raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.
\n\nThe Chancellor’s responsibilities cover:
\n\nEconomic and fiscal policy (including presenting the annual Budget)
\nOversight of the monetary framework, including setting the inflation remit, and liaison with the Governor of the Bank of England on monetary policy
\nUK growth and productivity, including working across government on innovation, new technologies, skills, labour markets, migration and competition.
\nUK public financial institutions
\nCapital markets and listings
\nLeading on international economic and financial affairs including at the G7 and G20 and acting as the UK Governor of the IMF, EBRD and AIIB.
\nEconomic security and resilience policy
\nInternational defence and security financing
\nSajid Javid was previously Secretary of State for Health and Social Care from 26 June 2021 to 5 July 2022.
\n\nSajid has previously served as Chancellor of the Exchequer; Home Secretary; Secretary of State for Housing, Communities and Local Government; Secretary of State for Business, Innovation and Skills; and Secretary of State for Culture, Media and Sport. He was elected Conservative MP for Bromsgrove in 2010.
\n\nBefore being elected as an MP, Sajid worked in business and finance. Aged 25, he became a Vice President at Chase Manhattan Bank. He later moved to Deutsche Bank in London to help build its business in emerging market countries. Sajid left Deutsche Bank as a senior Managing Director in the summer of 2009 for public service.
\n\n","image":{"url":"https://assets.publishing.service.gov.uk/media/62860d3e8fa8f55622a9c89c/s465_sajid-javid-2022.jpeg"}},"document_type":"person","links":{},"locale":"en","public_updated_at":"2024-05-29T23:01:00Z","schema_name":"person","title":"The Rt Hon Sajid Javid","web_url":"https://www.gov.uk/government/people/sajid-javid","withdrawn":false}],"role":[{"api_path":"/api/content/government/ministers/chancellor-of-the-exchequer","api_url":"https://www.gov.uk/api/content/government/ministers/chancellor-of-the-exchequer","base_path":"/government/ministers/chancellor-of-the-exchequer","content_id":"845e5c6b-c0f1-11e4-8223-005056011aef","details":{"body":"The Chancellor of the Exchequer is the government’s chief financial minister and is responsible for growing the UK economy, raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.
\n\nThe Chancellor’s responsibilities cover:
\n\nEconomic and fiscal policy (including presenting the annual Budget)
\nOversight of the monetary framework, including setting the inflation remit, and liaison with the Governor of the Bank of England on monetary policy
\nUK growth and productivity, including working across government on innovation, new technologies, skills, labour markets, migration and competition.
\nUK public financial institutions
\nCapital markets and listings
\nLeading on international economic and financial affairs including at the G7 and G20 and acting as the UK Governor of the IMF, EBRD and AIIB.
\nEconomic security and resilience policy
\nInternational defence and security financing
\nThe Rt Hon Philip Hammond was Chancellor of the Exchequer between 13 July 2016 and 24 July 2019. He was elected Conservative MP for Runnymede and Weybridge in 1997.
\n\nPhilip was born in Epping, Essex in 1955 and attended school in Brentwood before studying politics, philosophy and economics at University College, Oxford.
\n\nHe was previously Secretary of State for Transport from May 2010, when he was appointed as a Privy Counsellor. Prior to this, he held a number of shadow portfolios. He was elected to Parliament in 1997 and was Secretary of State for Defence from 2011 until July 2014. Philip served as Foreign Secretary from July 2014 until July 2016.
\n\nPhilip had a business career in small and medium-sized companies in manufacturing, consultancy, property and construction, and oil and gas, both in the UK and abroad.
\n\nHe is married with 3 children and lives in Send, Surrey.
\n","image":{"url":"https://assets.publishing.service.gov.uk/media/5ba8bcf0e5274a55cdb89c09/s465_Cx-headshot.jpg"}},"document_type":"person","links":{},"locale":"en","public_updated_at":"2019-11-06T00:10:09Z","schema_name":"person","title":"The Rt Hon Philip Hammond","web_url":"https://www.gov.uk/government/people/philip-hammond","withdrawn":false}],"role":[{"api_path":"/api/content/government/ministers/chancellor-of-the-exchequer","api_url":"https://www.gov.uk/api/content/government/ministers/chancellor-of-the-exchequer","base_path":"/government/ministers/chancellor-of-the-exchequer","content_id":"845e5c6b-c0f1-11e4-8223-005056011aef","details":{"body":"The Chancellor of the Exchequer is the government’s chief financial minister and is responsible for growing the UK economy, raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.
\n\nThe Chancellor’s responsibilities cover:
\n\nEconomic and fiscal policy (including presenting the annual Budget)
\nOversight of the monetary framework, including setting the inflation remit, and liaison with the Governor of the Bank of England on monetary policy
\nUK growth and productivity, including working across government on innovation, new technologies, skills, labour markets, migration and competition.
\nUK public financial institutions
\nCapital markets and listings
\nLeading on international economic and financial affairs including at the G7 and G20 and acting as the UK Governor of the IMF, EBRD and AIIB.
\nEconomic security and resilience policy
\nInternational defence and security financing
\nGeorge Osborne served as Chancellor of the Exchequer from May 2010 until July 2016. He was also First Secretary of State from May 2015 until July 2016. He was elected the Conservative MP for Tatton, Cheshire in June 2001.
\n\nHe was born and educated in London, studying modern history at Oxford University.
\n\nGeorge worked as Political Secretary to the Leader of the Opposition before being elected to Parliament. He entered Parliament as the youngest Conservative MP in the House of Commons.
\n\nAfter serving on the Public Accounts Committee and holding a number of shadow ministerial posts, he was appointed to the position of Shadow Chancellor in 2005, aged 33, where he served opposite Chancellors Gordon Brown and Alistair Darling until 2010.
\n\nIn 2005 he successfully ran David Cameron’s campaign to become Leader of the Conservative Party. Following the 2010 Election he was part of the small Conservative negotiating team during the discussions that led to the formation of the Coalition Government. He served as Chancellor of the Exchequer from May 2010 until July 2016.
\n\nHe was the youngest Chancellor to take office since Randolph Churchill in 1886.
\n\nGeorge is married to the writer Frances Osborne. They have 2 children.
\n","image":{"url":"https://assets.publishing.service.gov.uk/media/5a4f6b5fed915d5954734109/s465_GEORGE_023_960x640.jpg"}},"document_type":"person","links":{},"locale":"en","public_updated_at":"2017-05-03T07:52:03Z","schema_name":"person","title":"The Rt Hon George Osborne","web_url":"https://www.gov.uk/government/people/george-osborne","withdrawn":false}],"role":[{"api_path":"/api/content/government/ministers/chancellor-of-the-exchequer","api_url":"https://www.gov.uk/api/content/government/ministers/chancellor-of-the-exchequer","base_path":"/government/ministers/chancellor-of-the-exchequer","content_id":"845e5c6b-c0f1-11e4-8223-005056011aef","details":{"body":"The Chancellor of the Exchequer is the government’s chief financial minister and is responsible for growing the UK economy, raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.
\n\nThe Chancellor’s responsibilities cover:
\n\nEconomic and fiscal policy (including presenting the annual Budget)
\nOversight of the monetary framework, including setting the inflation remit, and liaison with the Governor of the Bank of England on monetary policy
\nUK growth and productivity, including working across government on innovation, new technologies, skills, labour markets, migration and competition.
\nUK public financial institutions
\nCapital markets and listings
\nLeading on international economic and financial affairs including at the G7 and G20 and acting as the UK Governor of the IMF, EBRD and AIIB.
\nEconomic security and resilience policy
\nInternational defence and security financing
\n