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HISTORY The role of Financial Secretary to the Treasury was created in 1711 and was known as the Junior Secretary to the Treasury to the Parliamentary Secretary To The Treasury who held the senior position. The first Junior Secretary to the Treasury is recorded as a T. Harley who was appointed on 11 June 1971 . The position has continued un-interrupted to the present day. Notable former FSTs include Lord Frederick Cavendish , Enoch Powell , Nigel Lawson , and Norman Lamont . No Financial Secretary to the Treasury has ever gone on to become British Prime Minister . CURRENT ROLE It is inaccurate to say that no Financial Secretary to the Treasury has ever become Prime Minister. Stanley Baldwin was FST at the end of the war and prime minister in the twenties. The current responsibilities of the FST include Departmental responsibility for the Office For National Statistics , and the Royal Mint . The FST had Departmental responsibility for HM Customs & Excise until the merger with the Inland Revenue to form HMRC . The incumbent FST is John Healey who has been in the role since 2005 having formerly been the Economic Secretary To The Treasury . SEE ALSO EXTERNAL LINKS |
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