Philip Snowden: The First Labour Chancellor of the Exchequer

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Indeed, some historians have seen, in this time, an electoral consensus that existed between MacDonald and his Conservative counterpart Baldwin, to maintain the stability of the electoral system and preclude any radicalism that might have alienated voters or exacerbated crises such as unemployment. This article includes a list of general references, but it lacks sufficient corresponding inline citations. In a break with tradition, which further spooked international markets, Kwarteng refused to publish the OBR autumn 2022 forecast.

Miner's silicosis was included within the provisions for workmen's compensation, [5] under the Workmen's Compensation (Silicosis) Act of 1924 while the London Traffic Act 1924, which provided for the regulation of London traffic, [5] regulated privately owned public transport; setting timetables and safety standards. Two laws written by the Conservatives during the war were expanded, the Family Allowances Act 1945 and the Education Act 1944. The Dawes Conference was subsequently held to find a solution to the crisis, and, in August 1924, it concluded that Germany had to achieve economic stability before paying out any reparations. The practice is said to have begun in the late 16th century, when Queen Elizabeth I's representative Francis Throckmorton presented the Spanish Ambassador, Bernardino de Mendoza, with a specially constructed red briefcase filled with black puddings.Various changes were also made in respect of gainfully employed persons who sustained war injuries and civil defence volunteers who war service injuries. Never again can a prime minister or chancellor be allowed to repeat the disastrous mistakes of last year’s mini-budget. a week in addition to his pension,” increases in the allowance payable for a wife of a person receiving treatment allowance, unemployability allowance or injury allowance under certain conditions and “if no allowance is payable for a wife, an allowance may be granted for a dependant adult,” and a social hardship allowance for partially disabled men “who, , though not unemployable, is prevented by his pensioned disablement from resuming his former occupation or taking up one of equivalent standard. The move would ensure the Office for Budget Responsibility (OBR) was not “gagged” by future prime ministers and chancellors trying to avoid an official financial forecast, she said.

In recent times, it has only regularly been worn at coronations, but some chancellors (at least until the 1990s) have also worn it when attending the Trial of the Pyx as Master of the Mint.Hugh Dalton became Chancellor of the Exchequer, but had to resign in 1947, while James Chuter Ede was Home Secretary for the whole duration of the Attlee ministries' stay in power. MacDonald accepted the King's commission later that day, arriving with his Labour colleagues, to the amusement of many and dismay of others, in full court dress.