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Philip Snowden: The First Labour Chancellor of the Exchequer

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The restrictions which prevented people from other countries, short-time workers, married women, and single persons residing with relatives from claiming uncovenanted benefit were abolished, while the "gaps" of 3 weeks which previous governments had made necessary after 12 weeks’ unemployment pay. The Protection from Eviction Act of 1924 provided some degree of protection to tenants "in the face of landlords seeking vacant possession and rent rises. The Transport Act 1947 established the British Transport Commission, which took over control of the railways from the Big Four— Great Western Railway, London, Midland and Scottish Railway, London and North Eastern Railway and the Southern Railway—to form British Railways. Admittedly, economic growth rates were less spectacular than hoped for under the eventually abandoned National Plan.

Boris Johnson also considered not going to the OBR before the first budget of his premiership, but this was rejected by his then-chancellor, Sajid Javid, according to a book by the Telegraph’s political editor, Ben Riley-Smith. But gradually the advantages that Labour had over the Liberals came to hold sway: firstly, its more easily definable social class support base, and its more united weddedness to a governmentally-interventionist social reform agenda (compared to some Liberals’ lingering attachment to Victorian laissez-faire). Because the House of Lords is excluded from financial matters by tradition confirmed by the Parliament Acts, the office is effectively limited to members of the House of Commons; apart from the occasions when the lord chief justice of the King's Bench has acted as interim Chancellor. The practice is said to have begun in the late 16th century, when Queen Elizabeth I's representative Francis Throckmorton presented the Spanish Ambassador, Bernardino de Mendoza, with a specially constructed red briefcase filled with black puddings. However, to act 'respectably', as any other government would have, was a major component of the MacDonald electoral appeal and strategy.

It gave independence to India, Pakistan, Ceylon and Burma and moved to strengthen the British Commonwealth. A strong chain of regional offices was set up within its planning ministry to provide a strong lead in regional development policies. On the possibility of becoming the first female chancellor, she said: “There’s been a chancellor of the Exchequer now for just over 800 years, and they’ve always been men.

As a result of this change, 60,000 elderly people, whose meagre savings had previously reduced their pension entitlement, received the full state pension. His balanced ‘third way’ gave the party a distinctive reform agenda that attracted ‘core’ and ‘floating’ voters alike. The main achievement of the government was the 1924 Wheatley Housing Act, which MacDonald dubbed 'our most important legislative item'.Although the Kingdoms of Great Britain and Ireland had been united by the Acts of Union 1800, the Exchequers of the two Kingdoms were not consolidated until 1817 under the Consolidated Fund Act 1816 ( 56 Geo. There were also significant constitutional reforms, like devolution in Scotland, Wales and Northern Ireland; and a large reduction in the number of hereditary peers in the House of Lords. The Attlee government nationalised about 20% of the economy, including coal, railways, road transport, the Bank of England, civil aviation, electricity and gas, and steel. Soon after this resignation came the emergence of the Zinoviev letter, which has become part of Labour Party mythology. The 1997, 2001, 2002, 2003, 2006, 2007, 2008, 2012 and 2016 budgets were all delivered on a Wednesday, summarised in a speech to the House of Commons.

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