Chancellor of the Exchequer

The Rt Hon Sajid Javid MP

Biography

Sajid Javid MP was appointed Chancellor of the Exchequer on 24 July 2019.

Political career

Sajid Javid MP was Home Secretary from 30 April 2018 to 24 July 2019. He was Secretary of State for Housing, Communities and Local Government from 8 January 2018 to 29 April 2018, and Secretary of State for Communities and Local Government from July 2016 to January 2018.

Sajid served as Secretary of State for Business, Innovation and Skills from May 2015 until July 2016. He was Secretary of State for Culture, Media and Sport from April 2014 to May 2015 and previously he was both the Economic and Financial Secretary to the Treasury. He was a member of the Work and Pensions Select Committee from June to November 2010. He was elected Conservative MP for Bromsgrove in 2010.

Career outside politics

Before being elected MP, he 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 to give something back through politics.

Chancellor of the Exchequer

The Chancellor of the Exchequer is the government’s chief financial minister and as such is responsible for raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.

The Chancellor’s responsibilities cover:

  • fiscal policy (including the presenting of the annual Budget)
  • monetary policy, setting inflation targets
  • ministerial arrangements (in his role as Second Lord of the Treasury)

Previous roles in government

  1. Secretary of State for the Home Department

    • 2018 to 2019
  2. Secretary of State for Housing, Communities and Local Government

    • 2018 to 2018
  3. Secretary of State for Communities and Local Government (Ministerial Champion for the Midlands Engine)

    • 2016 to 2018
  4. Secretary of State for Business, Innovation and Skills and President of the Board of Trade

    • 2015 to 2016
  5. Secretary of State for Culture, Media and Sport

    • 2014 to 2015
  6. Parliamentary Under Secretary of State (Minister for Equalities)

    • 2014 to 2014
  7. Financial Secretary to the Treasury

    • 2013 to 2014
  8. Economic Secretary to the Treasury

    • 2012 to 2013

Announcements

  1. Chancellor letter to the Treasury Select Committee on the Withdrawal Agreement the government has negotiated with the EU
  2. Chancellor marks beginning of decade of renewal for UK economy
  3. UK-France joint action plan on illegal migration across the Channel
  4. Budget 2019 date announced
  5. Midland Metropolitan hospital gets extra government support
  6. The Chancellor's speech at the GG2 Leadership Awards
  7. Chancellor announces support for post-Brexit future
  8. Chancellor announces support for post-Brexit future
  9. Irish and British Finance ministers meet for third time
  10. Landmark biodiversity review meeting held today