"The Treasury" London Off The Beaten Path Tip by kris-t
London Off The Beaten Path: 1,701 reviews and 3,049 photos
The English Treasury seems to have come into existence around 1126, in the reign of Henry I. The Treasury emerged out of the Royal Household, and served as the location where the king kept his treasures. The head of the Treasury was called the Lord Treasurer. Starting in Tudor times, the Lord Treasurer became one of the chief officers of state, and competed with the Lord Chancellor for the principal place.
Some of the Government Whips are also associated in name with the Treasury: the Chief Whip is nominally Parliamentary Secretary to the Treasury and traditionally had an office in 12 Downing Street. Some of the other Whips are nominally a Lord Commissioner of HM Treasury though these are all members of the House of Commons. This led to the Government frontbench in the Commons being known as the Treasury Bench. However, since the Whips no longer have any effective ministerial role in the Treasury, they are usually not listed as Treasury ministers.
The Treasury is the United Kingdom's economics and finance ministry. It is responsible for formulating and implementing the Government's financial and economic policy. Its aim is to raise the rate of sustainable growth, and achieve rising prosperity and a better quality of life with economic and employment opportunities for all.
Phone: 020 7270 4558
More Off The Beaten Path in London (26)
More Reviews (194)
- See All British cuisine - Steak and kidney pie
- See All London Bridge
- See All Visiting Banqueting House
- See All Pubs
- See All Luxury goods
- See All London Pass
kris-t's Related Pages
Have you been to London?Share Your Travels