Difference between revisions of "Ministry of Finance (United Kingdom)"

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Revision as of 02:39, 22 April 2013

Ministry of Finance
Government of United Kingdom
Seal of the Ministry of Finance.png


General Information
Country United KingdomUnited Kingdom
Headquarters MoF Forum
Newspaper eUK Home Office News
Organisation
Part of HM Government
Type Ministry
Chancellor of the Exchequer Talon Karrde



The Ministry of Finance (MoF) informally The Treasury, is the government department responsible for developing and executing the British government's public finance and economic policies.

The Ministry has the largest hand in controlling the economic stability of the United Kingdom. The MoF controls the Bank of England, which is responsible for regulating the flow of currency into the market, and at what rate. It receives its funding from the National Treasury, with approval of the House of Commons.

Ministers

Seal of the Chancellor of the Exchequer

The Treasury Ministers are as follows:

Minister Rank Portfolio
Butjam Chancellor of the Exchequer Overall responsibility

Duties

  • Produce a budget on the income/expenditure of the UK.
  • Monitor the UK exchange rate and keep money supply at a rate agreed on.
  • Send money to other ministers as they require it.

Senior Officials

Associated Public Bodies

Executive Agencies of HM Treasury

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