What we do

HM Treasury is the government’s economic and finance ministry, maintaining control over public spending, setting the direction of the UK’s economic policy and working to achieve strong and sustainable economic growth.

Responsibilities

We are responsible for:

  • public spending: including departmental spending, public sector pay and pension, annually managed expenditure (AME) and welfare policy, and capital investment
  • financial services policy: including banking and financial services regulation, financial stability, and ensuring competitiveness in the City
  • strategic oversight of the UK tax system: including direct, indirect, business, property, personal tax, and corporation tax
  • the delivery of infrastructure projects across the public sector and facilitating private sector investment into UK infrastructure
  • ensuring the economy is growing sustainably

Priorities

In 2013 our priorities are:

  • achieving strong and sustainable growth
  • reducing the deficit and rebalancing the economy
  • spending taxpayers’ money responsibly
  • creating a simpler, fairer tax system
  • creating stronger and safer banks
  • making corporate taxes more competitive
  • making it easier for people to access and use financial services
  • improving regulation of the financial sector to protect customers and the economy

Who we are

Our main offices are based in London, but we also have offices in Norwich and Edinburgh. Read more about the history of the Treasury and 11 Downing Street.

Corporate information

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Corporate reports

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