Responsibilities
HM Treasury
- Enterprise and productivity including small business taxation and support to the Chancellor of the Exchequer on economic reform
- Competition and better regulation
- Science, innovation and skills policy, including implementation of the 10-year science and innovation strategy and the R&D tax credit
- Regional economic policy
- Urban regeneration and social exclusion including housing, planning and planning gain supplement;
- Environmental issues including taxation of transport, international Climate Change issues including global carbon trading and EU ETS, and Energy Issues
- Taxation of oil
- Excise duties and gambling, including excise fraud and law enforcement
- Public-private partnerships including Private Finance Initiative, and Partnerships UK
- Ministerial responsibility for the Office for National Statistics, the Royal Mint and Departmental Minister for HM Treasury Group
- Support to the Chief Secretary to the Treasury on public spending issues including long-term challenges in the run up to the Comprehensive Spending Review and selected Cabinet Committees
- Assist where necessary on European issues
- Working with the Financial Secretary to the Treasury on the Finance Bill
Responsibility for procurement policy and the former Office of Government Commerce was transferred to the Cabinet Office in 2011.
Read more about this topic: Exchequer Secretary To The Treasury