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Cabinet Office

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HM Treasury

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The Treasury is the department responsible for formulating and putting into effect the UK Government's financial and economic policy. The Treasury's overall aim is to raise the rate of sustainable growth, and achieve rising prosperity, through creating economic and employment opportunities for all.


Contact information

Parliamentary Branch

Correspondence Section

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Ministers

Alistair Darling

Alistair Darling

Chancellor of the Exchequer: The Rt Hon Alistair Darling MP

Responsibilities

The Chancellor has overall responsibility for the work of the Department.

Private Office to Alistair Darling



Andy Burnham

Andy Burnham

Chief Secretary to the Treasury: The Rt Hon Andy Burnham MP

Private Office to Andy Burnham






Jane Kennedy

Jane Kennedy

Financial Secretary to the Treasury: The Rt Hon Jane Kennedy MP





Angela Eagle

Angela Eagle

Exchequer Secretary (Parliamentary Secretary): Angela Eagle MP





Economic Secretary (Parliamentary Secretary): Kitty Ussher MP

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Private Office

Private Office Alistair Darling

Private Office to Andy Burnham

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Executive Agencies

National Savings and Investments

On the 11th of February 2002 National Savings was renamed National Savings and Investments to reflect the way people think about savings and investments and the fact the organisation offers a wide range of these products for personal savers. The organisation's key aim is to help reduce the cost to the taxpayer of government borrowing now and in the future. The Chief Executive of NS&I reports to Treasury Ministers. NS&I became an Executive Agency of the Chancellor of the Exchequer on 1 July 1996.

National Savings and Investments is also a separate non-Ministerial department.

Office for National Statistics

ONS is a Government department and an Executive Agency accountable to the Chancellor of the Exchequer. It was created on 1 April 1996. ONS collects, compiles and provides a wide range of statistical information including UK national accounts, and population estimates and projections. ONS also carries out research studies on behalf of Government departments concerned with social and economic issues.

The Office for National Statistics is also a separate non-Ministerial Government department.

OGCBuying.Solutions

The OGC offer a complete advisory and procurement arrangement service to purchasing professionals working for central government, the wider public sector and their private sector agents and contractors.

Royal Mint

The Royal Mint is responsible for the production of coins for the United Kingdom and for overseas customers; also military and civil decorations and medals; commemorative medals and royal and official seals.

The Royal Mint is also a separate non-Ministerial Government department.

UK Debt Management Office

The UK Debt Management Office was established as an Executive Agency of the Treasury on 1 April 1998. The DMO's aim is to carry out the Government's debt management policy of minimising its financing costs over the long term, taking account of risk, and to manage the aggregate cash needs of the Exchequer in the most cost-effective way. The DMO took over full responsibility for management of the Exchequer's daily cash flow on 3 April 2000; this involves issuing Treasury bills, buying and selling securities in the money markets to ensure that the National Loans Fund is balanced on a daily basis and to secure cost-effective short-term asset or liability management.

Valuation Office

The Valuation Office provides a range of statutory and non-statutory property valuation services to the public sector in England, Wales and Scotland, including the compilation and maintenance of the business rating and council tax valuation lists for England and Wales.

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