HM TREASURY

HM Treasury is the government department responsible for developing and executing the government’s public finance policy and economic strategy. Established in 1660, it plays a crucial role in managing the UK’s finances and ensuring economic stability.

The Treasury’s core activities include:

• Budget Management: Preparing the annual budget, which outlines government spending and revenue generation.
• Economic Policy: Formulating policies that promote economic growth and stability across the UK.
• Public Spending: Overseeing public expenditure to ensure efficient use of taxpayer money.
• Taxation: Setting tax rates and policies to fund government services and initiatives.
• Financial Regulation: Regulating financial institutions to maintain a stable and secure financial system.

HM Treasury also works closely with other government departments, agencies, and international organizations to align economic policies and respond to global financial challenges. The department is committed to transparency and accountability, regularly publishing reports and data on its activities.

With a vision to foster a strong economy that works for everyone, HM Treasury aims to create a fairer society through sound fiscal management and strategic investment in public services.