HM Treasury

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Her Majesty's Treasury (commonly known as HM Treasury) is the United Kingdom's economics and finance ministry.

Background

According to the HM Treasury website the Treasury "is the government’s economic and finance ministry, maintaining control over public spending, setting the direction of the UK’s economic policy and working to achieve strong and sustainable economic growth." It is a ministerial department, supported by 7 agencies and public bodies. [1]

People

Ministers

Previous Ministers

Civil servants

  • Sir Nicholas Macpherson - Permanent Secretary HM Treasury (Earns £175,000 - £179,999 pa)
  • R Shostak Head of Prime Minister's Delivery Unit and DG Performance Management (Earns £165,000 - £169,999)
  • JMG Taylor - Financial Services and Stability Director (Earns £160,000 - £164,999 pa)
  • Tom Scholar - 2nd Permanent Secretary (Earns £150,000 - £154,999 pa)

Special Advisers

  • Ramesh Chhabra - is spokesman and special adviser to George Osborne. A former aide to David Davis, his expertise was in Home Affairs but Osborne appointed him as spokesman soon after David Davis quit as Shadow Home Secretary. [2]
  • Neil O'Brien - Neil led Policy Exchange for five years, "cementing the think tank's position as the leading policy organisation in the UK." Prior to joining Policy Exchange, Neil was director of Open Europe, a cross-party think tank working for free market reform in Europe. [3] before becoming special adviser to George Osborne in November 2012.
  • Thea Rogers - has been special adviser to Osborne Since January 2013. Prior to this she was Nick Robinson’s BBC producer and a Millbank veteran. She was hired to "improve Osborne’s broadcast coverage' and will work alongside Chhabra. [2]
  • Eleanor Shawcross - focuses on financial services, business and growth. Shawcross read modern history at University College, Oxford, before going on to work for Boston Consulting Group. She was seconded to Boris Johnson’s 2008 mayoral campaign and then appointed as an adviser to Osborne in Opposition. [2]
  • Will De Peyer - has been special adviser to the chief secretary to the Treasury since 2010. Prior to this, he was an adviser to Vince Cable and Lords Oakeshott & Newby. Will was rates manager at Standard Bank Group from September 2007 until March 2009. He was also Treasury adviser for the Liberal Democrats for three years, a role which he started in June 2004. [4]

Former Special Advisers

  • Julia Church - was in charge of the political angles needed for the media. Previous to this, she was a Liberal Democrats MP for Falmouth and Camborne from 2005 until 2010 when she was defeated by George Eustice by just 66 votes. [2]

Publications

Contact

Website: http://www.hm-treasury.gov.uk/about_index.htm

Resources

Notes

  1. HM Treasury, GOV.UK, accessed 30 September 2014
  2. 2.0 2.1 2.2 2.3 2.4 Guide to Number 11 & the Treasury The House, Parliaments Magazine, Vol.6, 12.2012, accessed 2 October 2014
  3. Neil O'Brien Policy Exchange, accessed 2 October 2014
  4. Will De Peyer LinkedIn profile, accessed 2 October 2014
  5. Poppy Mitchell-Rose] LinkedIn profile, accessed 2 October 2014