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The Financial Secretary to the Treasury is a mid-level ministerial post in HM Treasury. It is nominally the fifth most significant ministerial role within the Treasury after the first lord of the Treasury, the chancellor of the Exchequer, the chief secretary to the Treasury, and the paymaster general. However, the role of First Lord of the Treasury is always held by the prime minister who is not a Treasury minister, and the position of Paymaster General is a sinecure often held by the Minister for the Cabinet Office to allow the holder of that office to draw a government salary. In practice it is, therefore, the third most senior Treasury minister and has attended Cabinet in the past. The current holder of the position is Lord Livermore, who was appointed by Prime Minister Keir Starmer following the Labour Party’s victory in the 2024 General Election. The position is shadowed by the shadow financial secretary to the treasury. Source: Wikipedia (en)
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