HM Treasury

HM Treasury is the government’s economic and finance ministry, maintaining control over public spending, setting the direction of the UK’s economic policy and working to achieve strong and sustainable economic growth.


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Secretary of State

Rt Hon Rishi Sunak MP
Chancellor of the Exchequer
Ministers of State
Rt Hon Stephen Barclay MP
Chief Secretary to the Treasury
Rt Hon Penny Mordaunt MP
Paymaster General
Jesse Norman MP
Financial Secretary (HM Treasury)
John Glen MP
Minister of State (Treasury) (City)
Parliamentary Under-Secretaries of State
Mrs Kemi Badenoch MP
Exchequer Secretary (HM Treasury)
John Glen MP
Economic Secretary (HM Treasury)
Shadow Ministers
Shadow Secretaries
Sir Edward Davey (Liberal Democrat)
Liberal Democrat Spokesperson (Treasury)
Jonathan Edwards (Independent)
Shadow PC Spokesperson (Treasury)
Anneliese Dodds (Labour (Co-op))
Shadow Chancellor of the Exchequer
Alison Thewliss (Scottish National Party)
Shadow SNP Spokesperson (Treasury)
Sammy Wilson (Democratic Unionist Party)
Shadow DUP Spokesperson (Treasury)
Shadow Ministers
Stephen Flynn (Scottish National Party)
Shadow SNP Deputy Spokesperson (Treasury - Financial Secretary)
Peter Grant (Scottish National Party)
Shadow SNP Deputy Spokesperson (Treasury - Chief Secretary)
Bridget Phillipson (Labour)
Shadow Chief Secretary to the Treasury
Dan Carden (Labour)
Shadow Financial Secretary (Treasury)
Other
Pat McFadden (Labour)
Shadow Economic Secretary (Treasury)
Wes Streeting (Labour)
Shadow Exchequer Secretary (Treasury)

Latest News (from Department Twitter Feed)

4 Jul 2020, 1:30 p.m.
It's been another busy week at HM Treasury. In case you missed them, here are some of the biggest stories from the past week. https://t.co/h1MqclanCI - Link
4 Jul 2020, noon
The Chancellor @RishiSunak visited @BellAndCrownW4 to see how businesses in the hospitality sector are prepping to safely reopen today. https://t.co/cxjJnZyrjB - Link
View All HM Treasury Tweets

HM Treasury Commons Appearances

Oral Answers to Questions is a regularly scheduled appearance where the Secretary of State and junior minister will answer at the Dispatch Box questions from backbench MPs

Other Commons Chamber appearances can be:
  • Urgent Questions where the Speaker has selected a question to which a Minister must reply that day
  • Adjornment Debates a 30 minute debate attended by a Minister that concludes the day in Parliament.
  • Oral Statements informing the Commons of a significant development, where backbench MP's can then question the Minister making the statement.

Westminster Hall debates are performed in response to backbench MPs or e-petitions asking for a Minister to address a detailed issue

Written Statements are made when a current event is not sufficiently significant to require an Oral Statement, but the House is required to be informed.

Most Recent Commons Appearances by Category
Date Type Title
May. 18 Oral Questions Oral Answers to Questions
Mar. 24 Topical Questions Topical Questions
Jun. 16 Urgent Questions Economic Outlook and Furlough Scheme Changes
Jun. 30 Written Statements The European Communities (Designation) Order 2020
Mar. 18 Westminster Hall Bank Branch Closures
Mar. 18 Adjournment Debate Future of Farming: Somerset
View All HM Treasury Commons Contibutions

HM Treasury - Bills and Acts in the Current Session

Title Last Event Next Event Date Last Updated
Supply and Appropriation (Anticipation and Adjustments) Act 2020 Royal Assent (Minutes of Proceedings) 16 March, 2020 2 Apr 2020, 5:46 p.m.
A Bill to authorise the use of resources for the years ending with 31 March 2020 and 31 March 2021; to authorise the issue of sums out of the Consolidated Fund for those years; and to appropriate the supply authorised by this Act for the year ending with 31 March 2020.
Contingencies Fund Act 2020 Committee negatived (Minutes of Proceedings): House of Lords 25 March, 2020 26 Mar 2020, 9:43 a.m.
A Bill to make provision increasing the maximum capital of the Contingencies Fund for a temporary period.
Finance Bill 2019-21 1st reading (Minutes of Proceedings): House of Lords 2 July, 2020 3 Jul 2020, 12:43 p.m.
A Bill to grant certain duties, to alter other duties, and to amend the law relating to the national debt and the public revenue, and to make further provision in connection with finance.

HM Treasury - Draft Secondary Legislation

Dates Department Title
Published
14 Oct 2019, 4:09 p.m.
HM Treasury The Public Bodies (Abolition of Public Works Loan Commissioners) Order 2019
This Order abolishes the office of the Public Works Loan Commissioners (the “Commissioners”) who together were known as the Public Works Loans Board.

HM Treasury - Laid Secondary Legislation

Dates Department Title Type
Laid
2 Jul 2020
In Force
24 Jul 2020
HM Treasury Child Benefit and Child Tax Credit (Persons of Northern Ireland) (Amendment) Regulations 2020
Parliamentary Status - Legislation
Made negative procedure
These Regulations amend the Child Benefit (General) Regulations 2006 (S.I. 2006/223) (“the Child Benefit Regulations”) and the Tax Credits (Residence) Regulations 2003 (S.I. 2003/654) (“the Residence Regulations”).
Laid
1 Jul 2020
In Force
Not stated
HM Treasury International Monetary Fund (Limit on Lending) Order 2020
Parliamentary Status - Legislation
Draft affirmative procedure
This Order increases the total amount that the United Kingdom can loan to the International Monetary Fund (“IMF”) from 18,657.38 million to 22,912.32 million special drawing rights (“SDRs”).
View All HM Treasury Secondary Legislation

Petitions addressed by HM Treasury

Current Signatures Final Signatures Title Petition Deadline
149,138
Petition Closed

Pay Up Now! – Scrap the pay cap and give public servants a meaningful pay rise

Gov Responded - 9 Oct 2017 Debated on - 4 Dec 2017
12 Mar 2018
closed 2 years, 3 months ago

Every single person who works in public services needs and deserve a pay rise. It’s time for the pay cap to be scrapped, for the government to provide additional funding for public sector pay and for employers to put public sector workers pay up now.

119,587
Petition Closed

Keep Childcare Vouchers open beyond April 2018

Gov Responded - 12 Oct 2017 Debated on - 15 Jan 2018
18 Mar 2018
closed 2 years, 3 months ago

Hundreds of thousands of parents will lose out under the new tax-free childcare. The voucher schemes should be kept open alongside tax-free childcare to give parents a genuine choice for the support that best suits their family.

25,965
c. 240 added daily
48,889
(Estimated)

Extend grants immediately to small businesses outside of SBRR

Sign this petition Gov Responded - 29 May 2020 Debated on - 25 Jun 2020
8 Oct 2020
closes in 3 months

The cash grants proposed by Government are only for businesses in receipt of the Small Business Rates Relief or Rural Relief, or for particular sectors. Many small businesses fall outside these reliefs desperately need cash grants and support now.

View All HM Treasury Petitions

HM Treasury Select Committee

HM Treasury Select Committee Home Page

Select Committees are a formally established cross-party group of backbench MPs tasked with holding a Government department to account.

At any time there will be number of ongoing investigations into the work of the Department, or issues which fall within the oversight of the Department. Witnesses can be summoned from within the Government and outside to assist in these inquiries, and the Select Committee will occasionally publish formal reports of their findings.


HM Treasury Publications

Most Recent Publications
Date Title Type
Jul. 04 Chancellor welcomes staff back as hospitality prepares to reopen News and Communications
Jul. 03 HM Treasury extends tax cut to PPE costs News and Communications
Jul. 03 Robin Budenberg, CBE re-appointed as Chair of The Crown Estate Board News and Communications
View All HM Treasury Publications

HM Treasury Written Questions

Written Questions are submitted by Members of Parliament and the House of Lords to receive information or updates from a Department.

Departments are required to respond in a timely fashion and provide a response or requested information. Written Questions can compel detailed and specific information to be produced, and are frequently used as the source of news stories about the work of a Department.

Latest Written Question
Date Title Questioner
3 Jul 2020, 12:24 p.m. Free Zones: East Midlands Ben Bradley

Question

To ask the Chancellor of the Exchequer, what discussions his Department has had with the Local Enterprise Partnership for Derby, Derbyshire, Nottingham and Nottinghamshire on the potential for an East Midlands Freeport based around East Midlands Airport.

Answer (Steve Barclay)

As part of the consultation process, the Government has been engaging widely with ports, businesses and local communities – including events attended by the LEP for Derby, Derbyshire, Nottingham and Nottinghamshire - to hear stakeholders’ views on our Freeports proposals. The Freeport consultation is currently open, and I would encourage anyone with an interest in Freeports to submit a response through the gov.uk portal before it closes on 13 July.

View All HM Treasury Written Question