| United Kingdom Financial Secretary to the Treasury | |
|---|---|
.svg) | |
since 8 July 2024 | |
| His Majesty's Treasury | |
| Reports to | First Lord of the Treasury Chancellor of the Exchequer & Second Lord of the Treasury |
| Nominator | Prime Minister |
| Appointer | The King (on the advice of the Prime Minister) |
| Term length | At His Majesty's pleasure |
| Inaugural holder | Thomas Harley |
| Formation | 11 June 1711 |
| Website | Official website |
The Financial Secretary to the Treasury is a mid-level ministerial post in HM Treasury. It is nominally the fifth most significant ministerial role within the Treasury after the first lord of the Treasury, the chancellor of the Exchequer, the chief secretary to the Treasury, and the paymaster general. However, the role of First Lord of the Treasury is always held by the prime minister who is not a Treasury minister, and the position of Paymaster General is a sinecure often held by the Minister for the Cabinet Office to allow the holder of that office to draw a government salary. In practice it is, therefore, the third most senior Treasury minister and has attended Cabinet in the past.
The current holder of the position is Lord Livermore, who was appointed by Prime Minister Keir Starmer following the Labour Party’s victory in the 2024 General Election.[1] The position is shadowed by the shadow financial secretary to the treasury.
- ^ Elgot, Jessica. "The Guardian". Retrieved 8 July 2024.