Shadow Chancellor of the Exchequer

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Shadow Chancellor of the Exchequer
Incumbent
Mel Stride
since 4 November 2024
StyleShadow Chancellor (informal)
Member ofOfficial Opposition Shadow Cabinet
AppointerLeader of the Opposition
Inaugural holderRab Butler
DeputyShadow Chief Secretary to the Treasury

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 given at the gift of the leader of the Opposition and has no formal constitutional role, but is generally considered the second-most senior position, unless a shadow deputy prime minister is chosen, on the opposition frontbench, after the leader. Past shadow chancellors include Harold Wilson, James Callaghan, Edward Heath, Geoffrey Howe, Kenneth Clarke, Gordon Brown, John McDonnell and Rachel Reeves.

The name for the position has a mixed history. It is used to designate the lead economic spokesman for the Opposition. The name 'Shadow Chancellor' has also been used for the corresponding position for the Liberal Democrats, the Liberal Democrat Treasury spokesperson.[1] This was a source of humour for Chancellor 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 [Liberal Democrat Vince Cable], rather than the shadow chancellor for the Conservative Party."[2]

List of shadow chancellors

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Name Portrait Entered office Left office Party Shadow Cabinet
Oliver Stanley File:Oliver Stanley MP (cropped).jpg Unknown 10 December 1950 Conservative Churchill
Rab Butler 10 December 1950 26 October 1951
Hugh Gaitskell 26 October 1951 15 February 1956 Labour Attlee
Gaitskell
Harold Wilson Error creating thumbnail: 15 February 1956 30 November 1961[3]
James Callaghan File:James Callaghan (1975).jpg 30 November 1961[4] 16 October 1964
Wilson I
Reginald Maudling File:Reginald Maudling, 1969 (Brightned) (cropped).jpg 16 October 1964 16 February 1965[5] Conservative Douglas-Home
Edward Heath File:Sir Edward Heath (cropped).jpg 16 February 1965[6] 28 July 1965
Iain Macleod File:The National Archives UK - CO 1069-166-17 Macleod crop.jpg 28 July 1965 20 June 1970 Heath
Roy Jenkins File:Roy Jenkins 1977 (cropped).jpg 20 June 1970 19 April 1972 Labour Wilson II
Denis Healey File:Denis Healey.jpg 19 April 1972 4 March 1974
Anthony Barber File:Anthony Barber, 1973 (cropped).tif 4 March 1974 11 March 1974[7] Conservative Heath II
Robert Carr File:Robert Carr2.jpg 11 March 1974 11 February 1975
Sir Geoffrey Howe File:Geoffrey Howe (1985).jpg 11 February 1975 4 May 1979 Thatcher
Denis Healey File:Denis Healey appearing on "After Dark", 3 June 1989 (cropped).jpg 4 May 1979 8 December 1980 Labour Callaghan
Peter Shore File:3x4.svg 8 December 1980 31 October 1983 Foot
Roy Hattersley File:Roy Hattersley 2012 cropped 2.jpg 31 October 1983 13 July 1987 Kinnock
John Smith File:John Smith in 1989.jpg 13 July 1987 24 July 1992
Gordon Brown File:Chancellor Gordon Brown official portrait.jpg 24 July 1992 2 May 1997 Smith
Beckett
Blair
Ken Clarke File:Kenneth Clarke (cropped).gif 2 May 1997 11 June 1997 Conservative Major
Peter Lilley File:Peter Lilley (cropped).jpg 11 June 1997 2 June 1998 Hague
Francis Maude File:Francis Maude, Minister for the Cabinet Office.jpg 2 June 1998 1 February 2000
Michael Portillo File:Michael Portillo by Regents College cropped.jpg 1 February 2000 18 September 2001
Michael Howard File:Flickr - europeanpeoplesparty - EPP Summit 16 June 2005 (1) (cropped).jpg 18 September 2001 6 November 2003 Duncan Smith
Oliver Letwin File:Oliver Letwin.jpg 6 November 2003 10 May 2005 Howard
George Osborne File:George Osborne 0437.jpg 10 May 2005 11 May 2010
Cameron
Alistair Darling File:Alistair Darling official portrait (cropped).jpg 11 May 2010 8 October 2010 Labour Harman I
Alan Johnson File:Alan Johnson MP.jpg 8 October 2010 20 January 2011 Miliband
Ed Balls File:Ed Balls 2.jpg 20 January 2011 11 May 2015
Chris Leslie File:Official portrait of Mr Chris Leslie crop 2.jpg 11 May 2015 12 September 2015 Harman II
John McDonnell File:Official portrait of Rt Hon John McDonnell MP crop 2.jpg 13 September 2015 5 April 2020 Corbyn
Anneliese Dodds File:Official portrait of Anneliese Dodds MP crop 2.jpg 5 April 2020 9 May 2021 Starmer
Rachel Reeves File:Rachel Reeves Official Cabinet Portrait, July 2024 (cropped 2) (cropped).jpg 9 May 2021 5 July 2024
Jeremy Hunt File:Jeremy Hunt Official Cabinet Portrait, October 2022 (cropped).jpg 8 July 2024 4 November 2024 Conservative Sunak
Mel Stride File:Official portrait of Mel Stride MP crop 2, 2024.jpg 4 November 2024 Incumbent Badenoch

References

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  1. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  2. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  3. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  4. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  5. ^ Baston 2004, 246
  6. ^ Baston 2004, 246
  7. ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
  • Lewis Baston (2004) Reggie: The Life of Reginald Maudling. Sutton Publishing. Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).