Shadow Chancellor of the Exchequer used interchangeably with "economic spokesperson" by the Liberal Democrats as well as the main opposition party. This was a source of humour for one time Chancellor of the Exchequer Gordon Brown, who in 2005 played the two off against one another in Parliament, saying, "I, too, have a great deal of time for the shadow Chancellor who resides in Twickenham [<nowiki></nowiki>Vince Cable<nowiki></nowiki>], rather than the shadow Chancellor for the Conservative Party." The position of Shadow Chancellor of the Exchequer is currently held by John McDonnell. Shadow Chancellor of the Exchequer The Shadow Chancellor of the Exchequer in the British Parliamentary
Government of the United Kingdom politically unacceptable for the budget speech to be given in the Lords, with MPs unable to directly question the Chancellor, especially now that the Lords have very limited powers in relation to money bills. The last Chancellor of the Exchequer to be a member of the House of Lords was Lord Denman, who served as interim Chancellor of the Exchequer for one month in 1834. Under the British system, the government is required by convention and for practical reasons to maintain the confidence of the House of Commons. It requires the support of the House of Commons for the maintenance