Chancellor of the Exchequer Chancellor of the Exchequer The Chancellor and Under-Treasurer of Her Majesty's Exchequer, commonly known as the Chancellor of the Exchequer, or simply the Chancellor, is a senior official within the Government of the United Kingdom and head of Her Majesty's Treasury. The office is a British Cabinet-level position. The chancellor is responsible for all economic and financial matters, equivalent to the role of finance minister in other nations. The position is considered one of the four Great Offices of State, and in recent times has come to be the most powerful office in British politics after the prime minister. The
State Procession at the State Opening of Parliament State Procession at the State Opening of Parliament A State Procession is a formal display of the Sovereign, dignified by a sizeable entourage made up of Great Officers of State, members of the Royal Family and of the Royal Household. The State Opening of Parliament is one of the few occasions when a State Procession is to be seen; the Coronation Procession is another. The State Procession is now confined to the interior of the Palace of Westminster, but in earlier centuries it followed an outdoor route to and from Westminster Abbey. An account of Henry VII opening Parliament on