Second Lord of the Treasury
Encyclopedia
The Second Lord of the Treasury is a member of the commission exercising the ancient office of Lord High Treasurer
in the United Kingdom
. Since 1827, the Chancellor of the Exchequer
has always simultaneously held the office of Second Lord of the Treasury when he has not also been the Prime Minister. The official residence of the Second Lord of The Treasury is 11 Downing Street
.
Lord High Treasurer
The post of Lord High Treasurer or Lord Treasurer was an English government position and has been a British government position since the Act of Union of 1707. A holder of the post would be the third highest ranked Great Officer of State, below the Lord High Chancellor and above the Lord President...
in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
. Since 1827, the Chancellor of the Exchequer
Chancellor of the Exchequer
The Chancellor of the Exchequer is the title held by the British Cabinet minister who is responsible for all economic and financial matters. Often simply called the Chancellor, the office-holder controls HM Treasury and plays a role akin to the posts of Minister of Finance or Secretary of the...
has always simultaneously held the office of Second Lord of the Treasury when he has not also been the Prime Minister. The official residence of the Second Lord of The Treasury is 11 Downing Street
11 Downing Street
11 Downing Street , is the official residence of the Second Lord of the Treasury in Britain, who in modern times has always been the Chancellor of the Exchequer...
.