Lords Commissioners of the Treasury concomitant, so much so that the Prime Minister's official residence, 10 Downing Street, is in fact the official residence of the First Lord of the Treasury, which title is named on the letter box. Salisbury, as a marquess of vast independent wealth, had no use of an official residence, instead living in his grander town house at 20 Arlington Street in St James's, and could instead bestow it as a perquisite to other ministers, along with the First Lordship itself. Other positions have been linked to the Prime Ministership as well. Continuously since 1968, when the position was created by
Financial Secretary to the Treasury of Financial Secretary to the Treasury is often considered an important stepping stone in a politician's career; the four of previous five holders of the office have gone on to hold Cabinet-level positions. Notable former Financial Secretaries to the Treasury include Lord Frederick Cavendish, Austen Chamberlain, Stanley Baldwin, Enoch Powell, Nigel Lawson, and Norman Lamont. The current responsibilities of the Financial Secretary to the Treasury include Departmental responsibility for the Office for National Statistics, and the Royal Mint. The Financial Secretary to the Treasury had Departmental responsibility for HM Customs & Excise until the merger with the Inland Revenue to