Part of Oral Answers to Questions — Public Health. – in the House of Commons am ar 10 Tachwedd 1938.
Sir Richard Meller
, Mitcham
asked the Chancellor of the exchequer whether he is now in a position to give particulars of the Government's plan for providing compensation for damage to private property or land in this country arising out of an outbreak of hostilities?
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.
