Shadow Chancellor of the Exchequer
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Shadow Chancellor of the Exchequer
Shadow Chancellor of the Exchequer
Official portrait of Rachel Reeves.jpg
Incumbent
Rachel Reeves

since 9 May 2021
AppointerLeader of the Opposition
Inaugural holderRab Butler
WebsiteThe Shadow Cabinet

The Shadow Chancellor of the Exchequer in the British Parliamentary system is the member of the Shadow Cabinet who is responsible for shadowing the Chancellor of the Exchequer. The title is in the gift of the Leader of the Opposition but is informal. The Shadow Chancellor has no constitutional role.

The current Shadow Chancellor is Rachel Reeves, who has held the position since 9 May 2021. She is the second woman to hold the position.

The name for the position has a mixed history. It is used to designate the lead economic spokesman for the Opposition, although some Shadow Cabinets have not used the term (the Thatcher Shadow Cabinet in the Conservative Party Campaign of 1979). The term has been used interchangeably with "economic spokesperson" by the Liberal Democrats as well as the main opposition party.[1]

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 Vince Cable, rather than the shadow Chancellor for the Conservative Party."[2]

List of Shadow Chancellors

Name Portrait Term of office Party
Rab Butler Rab Butler.jpg 10 December 1950 26 October 1951 Conservative
Hugh Gaitskell Hugh Todd Naylor Gaitskell.jpg 26 October 1951 14 December 1955 Labour
Harold Wilson Harold Wilson.jpg 14 December 1955 2 November 1961
James Callaghan James Callaghan (1975).jpg 2 November 1961 15 October 1964
Reginald Maudling 15 October 1964 16 February 1965[3] Conservative
Edward Heath Edward Heath 4 Allan Warren (cropped).jpg 16 February 1965[4] 11 November 1965
Iain Macleod The National Archives UK - CO 1069-166-17 Macleod crop.jpg 11 November 1965 20 June 1970
Roy Jenkins Roy Jenkins 1977 (cropped).jpg 20 June 1970 19 April 1972 Labour
Denis Healey Denis Healey.jpg 19 April 1972 4 March 1974
Robert Carr 4 March 1974 11 February 1975 Conservative
Sir Geoffrey Howe Geoffrey Howe.jpg 11 February 1975 4 May 1979
Denis Healey Denis Healey.jpg 4 May 1979 8 December 1980 Labour
Peter Shore 8 December 1980 31 October 1983
Roy Hattersley Roy Hattersley 2012 cropped 2.jpg 31 October 1983 13 July 1987
John Smith 13 July 1987 24 July 1992
Gordon Brown Gordon Brown 24 July 1992 2 May 1997
Ken Clarke Official portrait of Mr Kenneth Clarke crop 2.jpg 2 May 1997 11 June 1997 Conservative
Peter Lilley Official portrait of Lord Lilley crop 2.jpg 11 June 1997 2 June 1998
Francis Maude Francis Maude, Minister for the Cabinet Office.jpg 2 June 1998 1 February 2000
Michael Portillo Michael Portillo by Regents College cropped.jpg 1 February 2000 18 September 2001
Michael Howard Official portrait of Lord Howard of Lympne crop 2.jpg 18 September 2001 6 November 2003
Oliver Letwin Oliver Letwin Official.jpg 6 November 2003 10 May 2005
George Osborne Osborne 2015.jpg 10 May 2005 11 May 2010
Alistair Darling AlistairDarlingABr cropped.jpg 11 May 2010 8 October 2010 Labour
Alan Johnson Alan Johnson MP.jpg 8 October 2010 20 January 2011
Ed Balls Ed Balls 2.jpg 20 January 2011 11 May 2015
Chris Leslie Official portrait of Mr Chris Leslie crop 2.jpg 11 May 2015 12 September 2015
John McDonnell John McDonnell, 2016 Labour Party Conference 2.jpg 13 September 2015 5 April 2020
Anneliese Dodds Official portrait of Anneliese Dodds MP crop 2.jpg 5 April 2020 9 May 2021
Rachel Reeves Official portrait of Rachel Reeves crop 2.jpg 9 May 2021 Incumbent

References

  1. ^ Parker, George (18 October 2014). "Alexander to replace Cable as LibDem shadow chancellor". Financial Times. London. Retrieved 2015.
  2. ^ Department of the Official Report (Hansard), House of Commons, Westminster (2005-12-05). "House of Commons Hansard Debates for 5 Dec 2005 (pt 8)". Publications.parliament.uk. Archived from the original on 2016-10-28. Retrieved .CS1 maint: multiple names: authors list (link)
  3. ^ Baston 2004, 246
  4. ^ Baston 2004, 246

Book

  • Lewis Baston (2004) Reggie: The Life of Reginald Maudling. Sutton Publishing. ISBN 0-7509-2924-3

  This article uses material from the Wikipedia page available here. It is released under the Creative Commons Attribution-Share-Alike License 3.0.

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