Labour peer calls for Treasury to be abolished Maurice Glasman, founder of Blue Labour, calls for more "economic radicalism" at a conference event.

#PM is #FirstLordoftheTreasury, they can if they choose do #Budget themselves, they already have power if they so choose, but they also have to cover #ForeignPolicy & other policy areas, so tend to leave running the Treasury to #SecondLordoftheTreasury.