Part of Oral Answers to Questions — National Finance – in the House of Commons am 12:00 am ar 25 Mawrth 1947.
Lieut.-Colonel Dower:
asked the Chancellor of the exchequer if he will consider granting remission of motor taxation in the cases where transport firms have been unable to operate their vehicles for several weeks owing to roads being impassable through the exceptionally bad weather conditions.
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.