First Lord of the Treasury

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United Kingdom First Lord of the Treasury
Royal Arms of His Majesty's Government
Incumbent Rishi Sunak since 28 November 2022[1]
Residence	10 Downing Street
Seat	Westminster
Appointer	The King appoints ex officio the prime minister
Term length	At His Majesty's pleasure
Formation	1126 (as Lord High Treasurer) 1612 (as First Lord of the Commission of the Treasury) 1714 (commission permanent since resignation of the 1st Duke of Shrewsbury)
First holder	Nigel (bishop of Ely) (as Lord High Treasurer) 1st Earl of Northampton (as First Lord of the Commission) 1st Earl of Halifax (when the commission became permanent)
Deputy	Second Lord of the Treasury
Website	Gov.uk

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The First Lord of the Treasury is the head of the Lords Commissioners of the Treasury exercising the ancient office of Lord High Treasurer in the United Kingdom. Constitutional convention holds that the office of First Lord is held by the Prime Minister. The office is not the United Kingdom's finance minister; this role is instead held by the Chancellor of the Exchequer, who is the second lord of the Treasury.