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The UK Government, the Law and Your Role › Government and Democracy
What is the name of the official residence of the Chancellor of the Exchequer?
- Lancaster House
- 12 Downing Street
- The Treasury Building
- 11 Downing Street
Why this is the correct answer
The Chancellor of the Exchequer — the minister responsible for the UK's economic and financial policy — traditionally resides and works at 11 Downing Street, next door to the Prime Minister at Number 10. This arrangement has existed by convention for many years. The Chancellor presents the annual Budget to Parliament.