Exchequer Secretary to the Treasury
Encyclopedia
The Exchequer Secretary to the Treasury is a junior ministerial post in the British Treasury
HM Treasury
HM Treasury, in full Her Majesty's Treasury, informally The Treasury, is the United Kingdom government department responsible for developing and executing the British government's public finance policy and economic policy...

, ranked below 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...

, the Chief Secretary to the Treasury
Chief Secretary to the Treasury
The Chief Secretary to the Treasury is the third most senior ministerial position in HM Treasury, after the Prime Minister and the Chancellor of the Exchequer . In recent years, the office holder has usually been given a junior position in the British Cabinet...

, the Paymaster General and the Financial Secretary to the Treasury
Financial Secretary to the Treasury
Financial Secretary to the Treasury is a junior Ministerial post in the British Treasury. It is the 4th most significant Ministerial role within the Treasury after the Chancellor of the Exchequer, the Chief Secretary to the Treasury, and the Paymaster General...

, and alongside the Economic Secretary to the Treasury
Economic Secretary to the Treasury
The Economic Secretary to the Treasury is the fifth most senior ministerial post in the UK Treasury, after the Chancellor of the Exchequer, the Chief Secretary to the Treasury, the Paymaster-General and the Financial Secretary...

. It ranks at Parliamentary Secretary
Parliamentary Secretary
A Parliamentary Secretary is a member of a Parliament in the Westminster system who assists a more senior minister with his or her duties.In the parliamentary systems of several Commonwealth countries, such as the United Kingdom, Canada and Australia, it is customary for the prime minister to...

 level and is not a Cabinet
Cabinet of the United Kingdom
The Cabinet of the United Kingdom is the collective decision-making body of Her Majesty's Government in the United Kingdom, composed of the Prime Minister and some 22 Cabinet Ministers, the most senior of the government ministers....

 office. Unlike the other posts of Secretary in to the Treasury, it is only used occasionally, normally when the post of Paymaster General is allocated to a Minister outside the Treasury.

The office was reinstated in June 2007, when Angela Eagle
Angela Eagle
Angela Eagle is a British Labour Party politician, who has been the Member of Parliament for Wallasey since 1992. She served as the Minister of State for Pensions and Ageing Society from June 2009 until May 2010. Eagle was elected to the Shadow Cabinet in October 2010 and was appointed by Ed...

 was appointed Exchequer Secretary after Tessa Jowell
Tessa Jowell
Tessa Jowell is a British Labour Party politician, who has been the Member of Parliament for Dulwich and West Norwood since 1992. Formerly a member of both the Blair and Brown Cabinets, she is currently the Shadow Minister for the Olympics and Shadow Minister for London.-Early life:Tessa Jane...

 had been appointed Paymaster General and Olympic Minister within the Cabinet Office
Cabinet Office
The Cabinet Office is a department of the Government of the United Kingdom responsible for supporting the Prime Minister and Cabinet of the United Kingdom....

. The previous Exchequer Secretary was Phillip Oppenheim
Phillip Oppenheim
The Honourable Phillip Arthur Charles Lawrence Oppenheim is a British businessman and former politician.-Life:Born in Lambeth, London, he is the son of former Conservative government minister Sally Oppenheim...

, who held the post from 23 July 1996 to 2 May 1997, when he lost his seat in the general election
General election
In a parliamentary political system, a general election is an election in which all or most members of a given political body are chosen. The term is usually used to refer to elections held for a nation's primary legislative body, as distinguished from by-elections and local elections.The term...

 that brought Tony Blair
Tony Blair
Anthony Charles Lynton Blair is a former British Labour Party politician who served as the Prime Minister of the United Kingdom from 2 May 1997 to 27 June 2007. He was the Member of Parliament for Sedgefield from 1983 to 2007 and Leader of the Labour Party from 1994 to 2007...

 to power. Angela Eagle
Angela Eagle
Angela Eagle is a British Labour Party politician, who has been the Member of Parliament for Wallasey since 1992. She served as the Minister of State for Pensions and Ageing Society from June 2009 until May 2010. Eagle was elected to the Shadow Cabinet in October 2010 and was appointed by Ed...

 was replaced by Kitty Ussher
Kitty Ussher
Katharine Anne "Kitty" Ussher is a British economist and former Labour Party politician.After training as an economist, she was elected Member of Parliament for Burnley from 2005 until 2010, succeeding Peter Pike. Ussher formerly held the position of Exchequer Secretary to the Treasury in Gordon...

 in the June 2009 reshuffle, with Jowell continuing in the Paymaster General role. Ussher resigned on 17 June 2009 and was immediately replaced by Sarah McCarthy-Fry
Sarah McCarthy-Fry
Sarah McCarthy-Fry is a British Labour Co-operative politician, who was the Member of Parliament for Portsmouth North from 2005 to 2010. McCarthy-Fry was the Exchequer Secretary to the Treasury in the last Labour government.-Early life:...

. Following the 2010 general election
2010 general election
2010 general election may refer to:* Anguillan general election, 2010* Australian federal election, 2010* Bougainvillean general election, 2010* Brazilian general election, 2010* Burmese general election, 2010* Cook Islands general election, 2010...

, the post was taken by the current minister, Conservative MP David Gauke
David Gauke
David Michael Gauke British Conservative Party politician. He is the Member of Parliament for South West Hertfordshire and current Exchequer Secretary to the Treasury.-Early life:...

.

Responsibilities

HM Treasury
  • Enterprise and productivity including small business
    Small business
    A small business is a business that is privately owned and operated, with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations, partnerships, or sole proprietorships...

     taxation and support to 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...

     on economic reform
  • Competition and better regulation
  • Science, innovation and skills policy, including implementation of the 10-year science and innovation strategy and the R&D
    Research and development
    The phrase research and development , according to the Organization for Economic Co-operation and Development, refers to "creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society, and the use of this stock of...

     tax credit
    Tax credit
    A tax credit is a sum deducted from the total amount a taxpayer owes to the state. A tax credit may be granted for various types of taxes, such as an income tax, property tax, or VAT. It may be granted in recognition of taxes already paid, as a subsidy, or to encourage investment or other behaviors...

  • Regional economic policy
  • Urban regeneration and social exclusion including housing, planning and planning gain supplement;
  • Environmental issues including taxation of transport, international Climate Change issues including global carbon trading and EU ETS, and Energy Issues
  • Taxation of oil
  • Excise duties
    Excise
    Excise tax in the United States is a indirect tax on listed items. Excise taxes can be and are made by federal, state and local governments and are far from uniform throughout the United States...

     and gambling
    Gambling
    Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods...

    , including excise fraud and law enforcement
  • Public-private partnership
    Public-private partnership
    Public–private partnership describes a government service or private business venture which is funded and operated through a partnership of government and one or more private sector companies...

    s including Private Finance Initiative
    Private Finance Initiative
    The private finance initiative is a way of creating "public–private partnerships" by funding public infrastructure projects with private capital...

    , and Partnerships UK
  • Ministerial responsibility for the Office for National Statistics
    Office for National Statistics
    The Office for National Statistics is the executive office of the UK Statistics Authority, a non-ministerial department which reports directly to the Parliament of the United Kingdom.- Overview :...

    , the Royal Mint
    Royal Mint
    The Royal Mint is the body permitted to manufacture, or mint, coins in the United Kingdom. The Mint originated over 1,100 years ago, but since 2009 it operates as Royal Mint Ltd, a company which has an exclusive contract with HM Treasury to supply all coinage for the UK...

     and Departmental Minister for HM Treasury Group
  • Support to the Chief Secretary to the Treasury on public spending issues including long-term challenges in the run up to the Comprehensive Spending Review
    Spending Review (United Kingdom)
    A Spending Review or occasionally Comprehensive Spending Review is a governmental process in the United Kingdom carried out by HM Treasury to set firm aditure limits and, through public service agreements, define the key improvements that the public can expect from these resources.Spending Reviews...

     and selected Cabinet Committees
    United Kingdom cabinet committee
    The executive arm of the United Kingdom government is controlled by the Cabinet, a group of senior government ministers chaired by the Prime Minister. The Cabinet has a group of committees called cabinet committees, which perform most of the day-to-day work of cabinet government.The committee...

  • Assist where necessary on European issues
  • Working with the Financial Secretary to the Treasury
    Financial Secretary to the Treasury
    Financial Secretary to the Treasury is a junior Ministerial post in the British Treasury. It is the 4th most significant Ministerial role within the Treasury after the Chancellor of the Exchequer, the Chief Secretary to the Treasury, and the Paymaster General...

     on the Finance Bill


Responsibility for procurement policy and the former Office of Government Commerce was transferred to the Cabinet Office in 2011.

Exchequer Secretaries to the Treasury

  • 23 July 1996 - 2 May 1997 Phillip Oppenheim
    Phillip Oppenheim
    The Honourable Phillip Arthur Charles Lawrence Oppenheim is a British businessman and former politician.-Life:Born in Lambeth, London, he is the son of former Conservative government minister Sally Oppenheim...

  • 2 May 1997 - 28 June 2007 Post Vacant
  • 29 June 2007 - 9 June 2009 Angela Eagle
    Angela Eagle
    Angela Eagle is a British Labour Party politician, who has been the Member of Parliament for Wallasey since 1992. She served as the Minister of State for Pensions and Ageing Society from June 2009 until May 2010. Eagle was elected to the Shadow Cabinet in October 2010 and was appointed by Ed...

  • 9 June 2009 - 17 June 2009 Kitty Ussher
    Kitty Ussher
    Katharine Anne "Kitty" Ussher is a British economist and former Labour Party politician.After training as an economist, she was elected Member of Parliament for Burnley from 2005 until 2010, succeeding Peter Pike. Ussher formerly held the position of Exchequer Secretary to the Treasury in Gordon...

  • 17 June 2009 - 11 May 2010 Sarah McCarthy-Fry
    Sarah McCarthy-Fry
    Sarah McCarthy-Fry is a British Labour Co-operative politician, who was the Member of Parliament for Portsmouth North from 2005 to 2010. McCarthy-Fry was the Exchequer Secretary to the Treasury in the last Labour government.-Early life:...

  • 13 May 2010 - David Gauke
    David Gauke
    David Michael Gauke British Conservative Party politician. He is the Member of Parliament for South West Hertfordshire and current Exchequer Secretary to the Treasury.-Early life:...

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