Chancellor of the Exchequer

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Chancellor of the Exchequer and Second Lord of the Treasury
Royal Coat of Arms of the United Kingdom (HM Government).svg
17203484?size=180x180&.png

Incumbent
dncMark

since 12 March 2023

His Majesty's Treasury
StyleThe Right Honourable
Type
Member of
Reports toPrime Minister
Residence
  • 11 Downing Street
NominatorPrime Minister
AppointerThe King (on the advice of the Prime Minister)
Term lengthNo fixed term
DeputyChief Secretary to the Treasury

The Chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government, and head of His Majesty's Treasury. The Chancellor is a high-ranking member of the Cabinet.

They are responsible for all economic and financial matters.