The Chancellor of the Exchequer is a minister in the UK government who is the head of the Treasury and is responsible for economic and financial affairs. The current holder of the position is Rachel Reeves MP, who has held the position since Labour won the general election in July 2024.

There has been speculation that Reeves will be replaced by the Prime Minister, Keir Starmer, due to her unpopularity and perceived poor performance. Alternatively, she may resign for other reasons, or be replaced as Chancellor following a Labour defeat at a general election.

This market resolves to the next individual to hold the position of Chancellor of the Exchequer, as per the gov.uk website. If the position is completely abolished and there is no clear successor, this market will resolve to N/A.