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
Exchequer royal demesne lands and from the county "farm" (a form of local taxation). The Chancellor of the Exchequer then questioned him concerning debts owed by private individuals. By 1176, the 23rd year of the Reign of Henry II which is the date of the "Dialogue concerning the Exchequer", the Exchequer was split into two components: the purely administrative "Exchequer of Receipt", which collected revenue, and the "Exchequer of Pleas", a law court concerned with the King's revenue. Appeals were to the Court of Exchequer Chamber. Following the proclamation of Magna Carta, legislation was enacted whereby the Exchequer would maintain the