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
Stop of the Exchequer had earned a reputation for paying its debts, and in spite of Charles II's notorious extravagance and carelessness about money, the City of London was quite unprepared for the Stop. Stop of the Exchequer The Great Stop of the Exchequer or Stop of the Exchequer was a repudiation of state debt that occurred in England in 1672 under the reign of Charles II of England. Under Charles II the state finances were in such a grievous condition that the crown found itself no longer able to honour its debts. The stop occurred on Tuesday 2 January 1672. Payments were suspended