United Kingdom Economic Secretary to the Treasury | |
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since 9 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 | Douglas Jay |
Formation | 13 November 1947 |
Website | Official Website |
The Economic Secretary to the Treasury is a junior ministerial post in His Majesty's Treasury, ranked below the First Lord of the Treasury, the Chancellor of the Exchequer, the Chief Secretary to the Treasury, the Paymaster General and the Financial Secretary to the Treasury, and alongside the Exchequer Secretary to the Treasury. It ranks at Parliamentary Secretary level and the holder does not attend Cabinet. Since 2014, the holder has also generally held the position of City Minister. It is shadowed by the Shadow Economic Secretary to the Treasury.