The Chancellor of the Exchequer is a Government minister responsible for raising money for the Government, mainly through taxes, and for controlling money spent by the Government.
Nigel Lawson, Chancellor of the Exchequer ( 1983- 1989)
Gordon Brown, Chancellor of the Exchequer (from 1997)
The Chancellor of the Exchequer is the title held by the British Cabinet minister 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 for Finance or Secretary of the Treasury in other jurisdictions. The position is considered one of the four Great Offices of State and in recent times has come to be the most powerful office in British politics after the Prime Minister.