The Chancellor of the Exchequer is the government’s chief financial minister and as such is responsible for raising revenue through taxation or borrowing and for controlling public spending. He has overall responsibility for the work of the Treasury.
The Chancellor’s responsibilities cover:
- fiscal policy (including the presenting of the annual Budget)
- monetary policy, setting inflation targets
- ministerial arrangements (in his role as Second Lord of the Treasury)
Current role holder: The Rt Hon George Osborne MP
George Osborne became Chancellor of the Exchequer in May 2010. He has been the Conservative MP for Tatton, Cheshire since June 2001.
He was born and educated in London, studying modern history at Oxford University.
George worked as Political Secretary to the Leader of the Opposition before being elected to Parliament. He entered Parliament as the youngest Conservative MP in the House of Commons.
After serving on the Public Accounts Committee and holding a number shadow ministerial posts, he was appointed to the position of Shadow Chancellor in 2005, aged 33, where he served opposite Chancellors Gordon Brown and Alistair Darling until 2010.
In 2005 he successfully ran David Cameron’s campaign to become Leader of the Conservative Party. Following the 2010 Election he was part of the small Conservative negotiating team during the discussions that led to the formation of the Coalition Government. In May 2010 he became Chancellor of the Exchequer.
He was the youngest Chancellor to take office since Randolph Churchill in 1886.
George is married to the writer Frances Osborne. They have 2 children.
(not satire – it’s the UK today!)
Natalie Rowe posted this photo on Twitter just two days ago:
Then today Natalie was arrested by the police for “abusive behaviour”:
Natalie’s home was also searched last year by police after she tried to publish her memoirs in which she mentions Osborne took cocaine and used her services as a dominatrix called Miss Whiplash:
Of course this could all be coincidence.
Or perhaps more proof – if any more were needed – that our police are being used to protect politicians’ reputations rather than catching criminals?
UPDATE: Natalie has posted another photo of Osborne – this time off his head dancing to Spandau Ballet apparently: