The #SecondLordoftheTreasury is the #ChancelloroftheExchequer, there have been proposals in the past to breakup #TheTreasury, such as the introduction of #TheDepartmentofEconomicAffairs in the 1960s by #HaroldWilson.

#KeirStarmer agrees with the economic strategy.

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.