Second Lord of the Treasury
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Second Lord of the Treasury | |
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Arms of Her Majesty's Government
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Style | The Right Honourable |
Residence | 11 Downing Street |
Appointer | Elizabeth II of the United Kingdom as sovereign |
Term length | No statutory limit Established convention, the position is held by the Chancellor of the Exchequer |
Inaugural holder | Nigel (Lord High Treasurer) |
Formation | 1126 (Lord High Treasurer) 1714 (Commission has been permanent since the resignation of the Duke of Shrewsbury) |
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The Second Lord of the Treasury is a member of the commission exercising the ancient office of Lord High Treasurer in the United Kingdom.[1] 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.
References
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