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Until the 19th century, this commission made most of the economic decisions of Great Britain ( England, before the Act of Union 1707). However, starting during the 1800s, these positions became sinecure positions, with the First Lord serving almost invariably as Prime Minister, the Second Lord invariably as Chancellor of the Exchequer (the exchequer being the modern treasury of the United Kingdom), and the junior lords serving as assistant whips in ParliamentThe Parliament of the United Kingdom of Great Britain and Northern Ireland is the supreme (it alone has parliamentary sovereignty) legislative institution in the United Kingdom and British overseas territories. At its head is the Sovereign; it also includ.

Currently, there are six lords of the treasury:

• First Lord of the Treasury - The Rt. Hon. Tony BlairThe Right Honourable Anthony Charles Lynton "Tony" Blair (born 6 May 1953) has served as Prime Minister of the United Kingdom since 1997, when he brought the Labour Party into power after 18 consecutive years of Conservative government. After becoming the MP
• Second Lord of the Treasury - The Rt. Hon. Gordon BrownThis article is about the Chancellor of the Exchequer. For the rugby player of the same name, see Gordon Brown (rugby player The Right Honourable James Gordon Brown (born February 20, 1951) is a British Labour Party politician who has been Chancellor of t MP
• Chief Secretary to the TreasuryThe Chief Secretary to the Treasury is 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 depart - The Rt. Hon. Paul BoatengThe Right Honourable Paul Yaw Boateng (born June 14, 1951), is a British Labour Party politician and the UK's first black Cabinet minister. He is MP for Brent South and Chief Secretary to the Treasury. Boateng was born in London of mixed Ghanaian and Scot MP
• Paymaster General - The Rt. Hon. Dawn Primalolo MP
• Financial Secretary to the TreasuryThis article is about various offices in the government of the United Kingdom. For the American cabinet post, see United States Secretary of the Treasury. In the United Kingdom, there are at least five Secretaries to the Treasury officials officially acti - Stephen TimmsStephen Creswell Timms (born 29 July 1955) is a politician in the United Kingdom. He is Labour Party member of Parliament for East Ham, and was first elected in a by-election in 1994. He was a Minister of State at the Department of Trade and Industry, min MP
• Economic Secretary to the Treasury - John Healey MP