– in the House of Commons am ar 30 Gorffennaf 1925.
Mr Edwin Scrymgeour
, Dundee
asked the Chancellor of the exchequer whether during the War the Japanese submarines and cruisers which accompanied our troops and merchant vessels did so at the expense of the Japanese people or whether the British Government paid the expenses involved?
The chancellor of the exchequer is the government's chief financial minister and as such is responsible for raising government revenue through taxation or borrowing and for controlling overall government spending.
The chancellor's plans for the economy are delivered to the House of Commons every year in the Budget speech.
The chancellor is the most senior figure at the Treasury, even though the prime minister holds an additional title of 'First Lord of the Treasury'. He normally resides at Number 11 Downing Street.