Financial Secretary to the Treasury

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Financial Secretary to the Treasury
Royal Coat of Arms of the United Kingdom (HM Government).svg
Royal Arms as used by Her Majesty's Government
Mel Stride MP.JPG
Incumbent
Mel Stride

since 12 June 2017
HM Treasury
Appointer Elizabeth II
Inaugural holder Thomas Harley
Formation 11 June 1711
Website HM Treasury

Financial Secretary to the Treasury is a junior Ministerial post in the British Treasury. It is the 4th most significant Ministerial role within the Treasury after the Chancellor of the Exchequer, the Chief Secretary to the Treasury, and the Paymaster General. It is almost never a Cabinet office.

The incumbent as of June 2017 is Mel Stride, previously a Comptroller of the Household (Government whip). The previous office holder was Jane Ellison, who lost her seat in the 2017 general election.

History[edit]

The role of Financial Secretary to the Treasury was created in 1711 and was known as the Junior Secretary to the Treasury to help deal with the increasing workload of the Senior Secretary to the Treasury. The first Junior Secretary to the Treasury is recorded as Thomas Harley who was appointed on 11 June 1711. The position has continued without any major interruption to the present day. Initially when the position of Senior Secretary to the Treasury became vacant not as the result of an election of change of government the Junior Secretary was usually automatically promoted to the senior role. Over time however, the roles of the Senior and Junior Secretaries began to diverge with the Senior Secretary post being used as a sinecure post for the Chief Whip, with no formal responsibilities to the Treasury. The Junior Secretary however remained a substantive position working in the Treasury. As such the Senior Secretary became known as the 'Parliamentary Secretary to the Treasury' while the Junior Secretary became known as the 'Financial Secretary to the Treasury' and the 'automatic' promotion from Junior to Senior ceased. While the exact date this change occurred is disputed it is agreed that by 1830 the distinction was complete.[1]

In 1923 Sir William Joynson-Hicks became the–to date–only Financial Secretary to serve in the Cabinet due to the Prime Minister, Stanley Baldwin, also concurrently serving as Chancellor of the Exchequer.

In May 2010 as part of the ministerial reorganisation by the First Cameron ministry, the Financial Secretary was given the additional semi-official title of City Minister. This position was retained until April 2014 when following the promotion of Sajid Javid to Secretary of State for Culture, Media and Sport the portfolio of City Minister was moved from the Financial Secretary to the Treasury to the Economic Secretary to the Treasury.[2]

Appointment to the position of Financial Secretary to the Treasury is often considered an important stepping stone in a politician's career; the four of previous five holders of the office have gone on to hold Cabinet-level positions.

Notable former Financial Secretaries to the Treasury include Lord Frederick Cavendish, Austen Chamberlain, Stanley Baldwin, Enoch Powell, Nigel Lawson, and Norman Lamont.

Current role[edit]

The current responsibilities of the Financial Secretary to the Treasury include Departmental responsibility for the Office for National Statistics, and the Royal Mint.[citation needed] The Financial Secretary to the Treasury had Departmental responsibility for HM Customs & Excise until the merger with the Inland Revenue to form HM Revenue and Customs.[citation needed]

Financial Secretaries to the Treasury since 1830[edit]

see Secretary to the Treasury for earlier incumbents

1830–1900[edit]

Colour key (for political parties):
  Conservative   Liberal   Peelite   Tory   Whig

Name Portrait Term of office Political party Prime Minister Chancellor
Thomas Spring Rice 1stBaronMonteagle.jpg 26 November 1830 6 June 1834 Whig Earl Grey Viscount Althorp
Francis Baring Francis Baring, 1st Baron Northbrook by Sir George Hayter.jpg 6 June 1834 14 November 1834 Whig
Viscount Melbourne
Office not in use 15 November 1834 - 19 December 1834 Duke of Wellington
(Caretaker)
Lord Denman
LCJ (interim)
Sir Thomas Fremantle, Bt 20 December 1834 April 1835 Conservative
or Tory
Peel Peel
Francis Baring Francis Baring, 1st Baron Northbrook by Sir George Hayter.jpg 21 April 1835 26 August 1839 Whig Viscount Melbourne Spring Rice
Robert Gordon 6 September 1839 1841 Whig Baring
Richard More O'Ferrall 9 June 1841 30 August 1841 Whig
Sir George Clerk 8 September 1841 1845 Conservative Peel Goulburn
Edward Cardwell 1stViscountCardwell.jpg 4 February 1845 29 June 1846 Conservative
John Parker 7 July 1846 1849 Whig Lord John Russell Wood
William Goodenough Hayter 22 May 1849 1850 Whig
George Cornewall Lewis Sir George Cornewall Lewis, 2nd Bt.jpg 9 July 1850 1852 Whig
George Alexander Hamilton Gahamilton.jpg 2 March 1852 1852 Conservative Earl of Derby Disraeli
James Wilson James Wilson by Sir John Watson-Gordon.jpg 5 January 1853 19 February 1858 Whig Earl of Aberdeen
(Coalition)
Gladstone
Viscount Palmerston Lewis
George Alexander Hamilton Gahamilton.jpg 2 March 1858 1859 Conservative Earl of Derby Disraeli
Sir Stafford Northcote, Bt Stafford Northcote, 1st Earl of Iddesleigh.jpg 21 January 1859 1859 Conservative
Samuel Laing 24 June 1859 1860 Liberal Viscount Palmerston Gladstone
Frederick Peel 2 November 1860 1865 Liberal
Hugh Childers Hugh Childers, Lock & Whitfield woodburytype, 1876-83 crop.jpg 19 August 1865 26 June 1866 Liberal
Earl Russell
George Ward Hunt George Ward Hunt (30 July 1825 – 29 July 1877) .jpg 14 July 1866 29 February 1868 Conservative Earl of Derby Disraeli
George Sclater-Booth 4 March 1868 1 December 1868 Conservative Disraeli Hunt
Acton Smee Ayrton 9 December 1868 1869 Liberal Gladstone Lowe
James Stansfeld James Stansfeld.JPG 2 November 1869 1871 Liberal
William Edward Baxter William Edward Baxter00.jpg 17 March 1871 11 August 1873 Liberal
John Dodson John George Dodson, 1st Baron Monk Bretton.jpg 11 August 1873 1874 Liberal Gladstone
William Henry Smith William Henry Smith (1825–1891).jpg 21 February 1874 1877 Conservative Disraeli Northcote
Frederick Stanley Frederick Arthur Stanley.jpg 14 August 1877 1878 Conservative
Sir Henry Selwin-Ibbetson, Bt 2 April 1878 21 April 1880 Conservative
Lord Frederick Cavendish Cavendish, Lord Frederick Charles (1836-1882), by John D. Miller, pubd 1883 (after Sir William Blake Richmond, exh. RA 1874).jpg 28 April 1880 1882 Liberal Gladstone Gladstone
Leonard Courtney 1stLordCourteney.jpg 6 May 1882 12 December 1884 Liberal
Childers
J. T. Hibbert 12 December 1884 9 June 1885 Liberal
Sir Henry Holland, Bt Knutsford1.JPG 24 June 1885 1885 Conservative Marquess of Salisbury Hicks Beach
Sir Matthew White Ridley, Bt Matthew White Ridley sketch.jpg 1885 1886 Conservative
William Jackson 1886 28 January 1886 Conservative
Henry Fowler Portrait of Henry Fowler, 1st Viscount Wolverhampton.jpg 6 February 1886 20 July 1886 Liberal Gladstone Harcourt
William Jackson 3 August 1886 1891 Conservative Marquess of Salisbury Lord Randolph Churchill
Viscount Goschen
John Eldon Gorst John Eldon Gorst.jpg 9 November 1891 11 August 1892 Conservative
J. T. Hibbert 18 August 1892 22 June 1895 Liberal Gladstone Harcourt
Earl of Rosebery
Robert William Hanbury 29 June 1895 1900 Conservative Marquess of Salisbury
(Unionist Coalition)
Hicks Beach

1900–2001[edit]

Colour key (for political parties):
  Conservative   Labour   Liberal   Liberal National   Liberal Unionist   National Labour   None   Unionist

Name Portrait Term of office Political party Prime Minister Chancellor
Austen Chamberlain Austen Chamberlain nobel.jpg 7 November 1900 11 August 1902 Liberal Unionist Marquess of Salisbury
(Unionist Coalition)
Hicks Beach
Balfour
(Unionist Coalition)
William Fisher William Hayes Fisher, 1st Baron Downham.jpg 11 August 1902 April 1903 Conservative Ritchie
Arthur Elliot 10 April 1903 9 October 1903 Conservative
Victor Cavendish GG Duke of Devonshire.jpg 9 October 1903 5 December 1905 Conservative A. Chamberlain
Reginald McKenna Reginald McKenna photo.jpg 12 December 1905 23 January 1907 Liberal Campbell-Bannerman Asquith
Walter Runciman 1905 Walter Runciman.jpg 29 January 1907 1908 Liberal
Charles Hobhouse Charles Hobhouse 2.jpg 12 April 1908 1911 Liberal Asquith
(I)
Lloyd George
Thomas McKinnon Wood Thomas McKinnon Wood.jpg 23 October 1911 13 February 1912 Liberal
Charles Masterman 1906 Charles Masterman.jpg 13 February 1912 11 February 1914 Liberal
Edwin Samuel Montagu Edwin Samuel Montagu.jpg 11 February 1914 3 February 1915 Liberal
Francis Dyke Acland Francis Acland.jpg 3 February 1915 25 May 1915 Liberal
Edwin Samuel Montagu Edwin Samuel Montagu.jpg 26 May 1915 9 July 1916 Liberal Asquith
(Coalition)
McKenna
Thomas McKinnon Wood Thomas McKinnon Wood.jpg 9 July 1916 5 December 1916 Liberal
Hardman Lever Hardman Lever 1917.jpg 15 December 1916 19 May 1919[Note 1] None
Civil servant
Lloyd George
(Coalition)
Law
(December 1916
– January 1919)

A. Chamberlain
(January 1919
– April 1921)
Stanley Baldwin Stanley Baldwin ggbain.35233.jpg 18 June 1917[Note 1] 1 April 1921 Conservative
Hilton Young Edward Hilton Young.jpg 21 April 1921 19 October 1922 Liberal Horne
John Waller Hills 6 November 1922 1923 Conservative Law Baldwin
Archibald Boyd-Carpenter 12 March 1923 May 1923 Conservative
Sir William Joynson-Hicks, Bt 1st Viscount Brentford 1923.jpg 25 May 1923 27 August 1923[Note 2] Conservative Baldwin
Walter Guinness Walter Guinness, Lord Moyne.jpg 5 October 1923 1923 Conservative N. Chamberlain
William Graham Willie Graham.jpg 23 January 1924 4 November 1924 Labour MacDonald Snowden
Walter Guinness Walter Guinness, Lord Moyne.jpg 11 November 1924 5 November 1925 Conservative Baldwin Churchill
Ronald McNeill Ronald McNeill, 1st Baron Cushendun.jpg 5 November 1925 1 November 1927 Conservative
Arthur Samuel Arthur Samuel in 1920.jpg 1 November 1927 5 June 1929 Conservative
Frederick Pethick-Lawrence British Political Personalities 1936-1945 HU59768.jpg 11 June 1929 August 1931 Labour MacDonald
(II)
Snowden
Walter Elliot Walter Elliot in 1933.jpg 24 August 1931 29 September 1932 Unionist MacDonald
(First National ministry)
MacDonald
(Second National ministry)
N. Chamberlain
Leslie Hore-Belisha Leslie Hore-Belisha in 1935.jpg 29 September 1932 29 June 1934 Liberal National
Duff Cooper Duff Cooper 1941.jpg 29 June 1934 22 November 1935 Conservative
Baldwin
(Third National ministry)
William Morrison WilliamMorrisonDunrossil cropped.jpg 22 November 1935 29 October 1936 Conservative
John Colville 29 October 1936 1938 Unionist
N. Chamberlain
(Fourth National ministry)
Simon
Euan Wallace 16 May 1938 ? Conservative
Harry Crookshank Crookshank1932.png 21 April 1939 7 February 1943 Conservative
N. Chamberlain
(War)
Churchill
(War)
Wood
Ralph Assheton 7 February 1943 29 October 1944 Conservative
Anderson
Osbert Peake 29 October 1944 26 July 1945 Conservative
Churchill
(Caretaker)
William Glenvil Hall 4 August 1945 2 March 1950 Labour Attlee Dalton
Cripps
Douglas Jay 2 March 1950 26 October 1951 Labour
Gaitskell
John Boyd-Carpenter 30 October 1951 28 July 1954 Conservative Churchill Butler
Henry Brooke 28 July 1954 January 1957 Conservative
Eden
Macmillan
Enoch Powell Enoch Powell 6 Allan Warren.jpg January 1957 January 1958 Conservative Macmillan Thorneycroft
Jocelyn Simon January 1958 22 October 1959 Conservative Heathcoat-Amory
Sir Edward Boyle 22 October 1959 16 July 1962 Conservative
Lloyd
Anthony Barber 16 July 1962 20 October 1963 Conservative Maudling
Alan Green 23 October 1963 16 October 1964 Conservative Douglas-Home
Niall MacDermot 1989 International Commission of Jurists uitreiking 4.jpg 21 October 1964 29 August 1967 Labour Wilson Callaghan
Harold Lever 29 August 1967 13 October 1969 Labour
Jenkins
Dick Taverne Dick Taverne.jpg 13 October 1969 19 June 1970 Labour
Patrick Jenkin 19 June 1970 7 April 1972 Conservative Heath Macleod
Barber
Terrence Higgins 7 April 1972 4 March 1974 Conservative
John Gilbert 8 March 1974 17 June 1975 Labour Wilson Healey
Robert Sheldon 17 June 1975 4 May 1979 Labour
Callaghan
Nigel Lawson Nigel Lawson 006.jpg 4 May 1979 14 September 1981 Conservative Thatcher Howe
Nicholas Ridley September 1981 11 June 1983 Conservative
John Moore Mr John Moore M.P. addressing the Annual LSE Society Dinner, 5th June, 1985.jpg 19 October 1983 21 May 1986 Conservative Lawson
Norman Lamont Norman Lamont 2013.jpg 21 May 1986 24 July 1989 Conservative
Peter Lilley Peter Lilley.jpg 24 July 1989 28 November 1990 Conservative
Major
Francis Maude Francis Maude, Minister for the Cabinet Office.jpg 28 November 1990 11 April 1992 Conservative Major Lamont
Stephen Dorrell Stephen dorrell mp -nhs confederation annual conferencepercent2c manchester-11july2011 - crop.jpg 11 April 1992 11 July 1994 Conservative
Clarke
Sir George Young, Bt George Young Minister.jpg 11 July 1994 5 July 1995 Conservative
Michael Jack 5 July 1995 2 May 1997 Conservative
Dawn Primarolo Dawn Primarolo.jpg 2 May 1997 4 January 1999 Labour Blair Brown
Barbara Roche 4 January 1999 29 July 1999 Labour
Stephen Timms Stephen Timms portrait.jpg 29 July 1999 8 June 2001 Labour

Note 1. ^ Between June 1917 and May 1919 Lever and Baldwin jointly held the position of Financial Secretary.
Note 2. ^ As Baldwin was both Prime Minister and Chancellor of the Exchequer Joynson-Hicks was a member of the Cabinet.

2001–present[edit]

Colour key (for political parties):
  Conservative   Labour

Name Portrait Term of office Political party Prime Minister Chancellor
Paul Boateng PBJan2010.JPG 8 June 2001 May 2002 Labour Blair Brown
Ruth Kelly RuthKellyMP.jpg May 2002 9 September 2004 Labour
Stephen Timms Stephen Timms portrait.jpg 12 September 2004 6 May 2005 Labour
John Healey John Healey.jpg 6 May 2005 28 June 2007 Labour
Jane Kennedy Jane Kennedy.jpg 28 June 2007 5 October 2008 Labour Brown Darling
Stephen Timms Stephen Timms portrait.jpg 5 October 2008 11 May 2010 Labour
Mark Hoban Mark Hoban MP speaking at 'Improving Employment Outcomes'.jpg 13 May 2010 4 September 2012 Conservative Cameron
(Coalition)
Osborne
Greg Clark Gregclark.jpg 4 September 2012 7 October 2013 Conservative
Sajid Javid Sajid Javid Secretary of State.jpg 7 October 2013 9 April 2014 Conservative
Nicky Morgan Nicky Morgan, at Policy Exchange, cropped.jpg 9 April 2014 15 July 2014 Conservative
David Gauke David gauke hi.jpg 15 July 2014 14 July 2016 Conservative
Cameron
(II)
Jane Ellison Jane ellison.jpg 15 July 2016 9 June 2017 Conservative May
(I)
Hammond
Mel Stride Mel Stride MP.JPG 12 June 2017 Incumbent Conservative May
(II)

See also[edit]

References[edit]

  1. ^ "Secretaries 1660-1870". British History Online. Retrieved 9 October 2016. 
  2. ^ Andrea Leadsom MP appointed new City Minister for HMT, Tech UK, 10 April 2014, retrieved 4 August 2016 

External links[edit]