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Customers outside a pub in Walworth, London, raising their glasses to celebrate cheaper beer. In his budget the previous day, Neville Chamberlain Chancellor of the Exchequer, lowered the price of beer by a penny a pint. 1933.

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24 May 1862: Chancellor of the Exchequer, William Ewart Gladstone, and directors and engineers of the Metropolitan Railway Company, embark on an inspection tour of the world's first underground line. Built between Paddington and the City of London, it opened in January of the following year. Gladstone is seen in the front row, near right. Picture: Hulton Archive/Getty Images

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Hagley Hall, Hagley, Worcestershire - Last of the great Palladian houses. It remains largely the creation of one man, George, 1st Lord Lyttelton (1709-73), secretary to Frederick, Prince of Wales, poet & man of letters & briefly Chancellor of the Exchequer. Before the death of his father in 1751, he began to landscape the grounds in the new 'picturesque' style, & between 1754 & 1760 it was he who was responsible for the building of the house as it is seen today.

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Oliver Cromwell , Protector of England who led his 'Ironsides' in the English Civil War against the 'Roundheads' of King Charles I. Cromwell's victories enabled him to have the King tried and beheaded, after which he established a republic .Born on this day 25th April, 1599

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President of the Board of Trade Winston Churchill (L) with Chancellor of the Exchequer David Lloyd George (R) - London - 1909

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Black silk damask robe used by Disraeli as Chancellor of the Exchequer in the Bartolozzi Room at Hughenden Manor, Buckinghamshire, home of prime minister Benjamin Disraeli between 1848 and 1881. Disraeli was Chancellor in 1852, between 1858-9 and again in 1866-68. The robe was believed to have been made for William Pitt in the eighteenth century. ©National Trust Images/Andreas von Einsiedel.

Lansdowne House, Berkeley Square, London. Built in 1765; in Pitt's time it was owned and occupied by the Earl of Shelburne (later Marquess of Lansdowne) under whom Pitt served as Chancellor of the Exchequer, 1782-3. Little now remains of the original house.

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And May is continuing where Thatcher left off New Treasury papers show the PM and her first Chancellor of the Exchequer, Sir Geoffrey Howe, continued to work to keep the plans alive, holding meetings with key colleagues to “soften them up”