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The Chief Secretary to the Treasury is the third most senior ministerial position in HM Treasury, after the Prime Minister (the First Lord of the Treasury) and the Chancellor of the Exchequer (the Second Lord of the Treasury). In recent years, the office holder has usually been given a junior position in the British Cabinet. It was created in 1961, to share the burden of representing the Treasury with the Chancellor of the Exchequer.
The position's responsibilities include negotiating with departments about budget allocations, public sector pay, welfare reform, and procurement policy.
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