The Lord President of the Council is the fourth of the Great Officers of State of the United Kingdom, ranking beneath the Lord High Treasurer and above the Lord Privy Seal. The Lord President usually attends each meeting of the Privy Council, presenting business for the monarch's approval. In the modern era, the holder is by convention always a member of one of the houses of Parliament and the office is a Cabinet post. The current Lord President is Nick Clegg MP, who is also Deputy Prime Minister.
Read more about Lord President Of The Council: The Office and Its History, Visitorial Role
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