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
Resignation from the British House of Commons House of Commons. When an MP is appointed to the post, the Treasury releases a public notice: "The Chancellor of the Exchequer has this day appointed [named individual] to be Steward and Bailiff of the Three Hundreds of Chiltern." After the Speaker has been notified, the appointment and resulting disqualification is noted in the Vote and Proceedings, the Commons' daily journal of proceedings: Notification, laid upon the Table by the Speaker, That Mr Chancellor of the Exchequer had today appointed [named individual], Member for [named constituency], to the office of Steward and Bailiff of the Three Hundreds of Chiltern. Thereafter,