Hm Treasury

HM Treasury is responsible for developing and executing the British government's public finance policy and economic policy. It maintains control over public spending, sets the direction of the U.K.’s economic policy, and works to achieve strong and sustainable economic growth. The treasury is responsible for public spending, including departmental spending, public sector pay and pension, annually managed expenditure (AME) and welfare policy, and capital investment; financial services policy, including banking and financial services regulation, financial stability, and ensuring competitiveness in the city; strategic oversight of the U.K. tax system, including direct, indirect, business, property, personal tax, and corporation tax; the delivery of infrastructure projects across the public sector and facilitating private sector investment into U.K. infrastructure; and ensuring the economy is growing sustainably. HM Treasury’s main offices are based in London as well as in Norwich and Edinburgh.

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