HM Treasury
From SR
Role
The Treasury is the United Kingdom's economics and finance ministry. It is responsible for formulating and implementing the Government's financial and economic policy. Its aim is to raise the rate of sustainable growth, and achieve rising prosperity and a better quality of life with economic and employment opportunities for all.
Objectives
- Maintaining Sound Public Finances
- Meeting the fiscal rules
- Ensuring that the tax yield is sustainable and risks managed
- Managing public spending
- Professionalising and modernising the finance and procurement functions in government
- Professionalising and modernising the finance and procurement functions in government
- Managing government cash, debt and reserves efficiently and effectively
- Ensuring high and sustainable levels of economic growth, well being and prosperity for all
- Supporting low inflation
- Promoting the efficiency and fairness of the tax system
- Improving the incentives and means to work; supporting children and pensioners; and helping people plan and save for the future
- Improving the quality and value for money of public services
- Supporting fair, stable and efficient financial markets
- Raising productivity with sustainable improvements in the economic performance of all English regions including narrowing the gap in growth rates between the best and worst performing regions
- Protecting the environment in an economically efficient and sustainable way
- Pursuing increased productivity and efficiency in the EU, international financial stability and increased global prosperity
