The exchequer 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 economic secretary to the Treasury. It ranks at parliamentary secretary level and the holder does not attend Cabinet. The Exchequer Secretary to the Treasury is currently the Minister for Growth.

The first exchequer secretary was Phillip Oppenheim, who held the post from 23 July 1996 to 2 May 1997, when he lost his seat in the general election that brought Tony Blair to power.

Following a period of abeyance, the office was reinstated upon Gordon Brown's accession as prime minister in June 2007, when Angela Eagle was appointed exchequer secretary. The office again fell out of use in July 2016 when Theresa May became prime minister, before she reinstated it following the 2017 general election.

The position was held by Helen Whately, having been held by Kemi Badenoch from 2020 to 2021.

The minister is shadowed by the shadow exchequer secretary to the Treasury, who sits on the Official Opposition frontbench.

Responsibilities

Enterprise and productivity including small business taxation and support to the chancellor of the Exchequer on economic reform Competition and better regulation Science, innovation and skills policy, including implementation of the 10-year science and innovation strategy and the R&D tax credit Regional economic policy Urban regeneration and social exclusion including housing, planning and planning gain supplement; Environmental issues including taxation of transport, international Climate Change issues including global carbon trading and EU ETS, and Energy Issues Taxation of oil Excise duties and gambling, including excise fraud and law enforcement Public-private partnerships including Private Finance Initiative, and Partnerships UK Ministerial responsibility for the Office for National Statistics, the Royal Mint and Departmental Minister for HM Treasury Group Support to the Chief Secretary to the Treasury on public spending issues including long-term challenges in the run up to the Comprehensive Spending Review and selected Cabinet Committees Assist where necessary on European issues Working with the Financial Secretary to the Treasury on the Finance Bill

Responsibility for procurement policy and the former Office of Government Commerce was transferred to the Cabinet Office in 2011.

List of exchequer secretaries +Key

Portrait Name Term of office Party Prime Minister Chancellor Ref. Phillip OppenheimMP for Amber Valley 23 July1996 2 May1997 Conservative Major Clarke colspan=3 colspan=2 Blair Brown Angela EagleMP for Wallasey 29 June2007 9 June2009 Labour Brown Darling Kitty UssherMP for Burnley 9 June2009 17 June2009 Labour Sarah McCarthy-Fry MP for Portsmouth North 17 June2009 11 May2010 Labour David GaukeMP for South West Hertfordshire 13 May2010 15 July2014 Conservative Cameron(Coalition) Osborne Priti PatelMP for Witham 15 July2014 11 May2015 Conservative Damian HindsMP for East Hampshire 12 May2015 13 July2016 Conservative Cameron(II) colspan=3 colspan=2 May (I) Hammond Andrew JonesMP for Harrogate and Knaresborough 15 June2017 8 January2018 Conservative May (II) Robert JenrickMP for Newark 9 January2018 24 July2019 Conservative Simon ClarkeMP for Middlesbrough South and East Cleveland 27 July2019 13 February2020 Conservative Johnson Javid Kemi BadenochMP for Saffron Walden 13 February202016 September2021 Conservative Sunak Helen WhatelyMP for Faversham and Mid Kent16 September20218 July2022ConservativeAlan MakMP for Havant8 July20227 September2022ConservativeZahawiFelicity BuchanMP for Kensington8 September202228 October2022Conservative Truss KwartengHuntJames CartlidgeMP for South Suffolk28 October202221 April2023Conservative Sunak Gareth DaviesMP for Grantham and Stamford21 April20235 July2024Conservative James MurrayMP for Ealing North9 July20241 September2025Labour StarmerReevesDan TomlinsonMP for Chipping Barnet1 September2025IncumbentLabour BurnhamHealey

References

See also Secretary to the Treasury