Who is responsible for announcing the national budget in the UK?

The Chancellor of the Exchequer is the individual responsible for announcing the national budget in the UK. This role is crucial as the Chancellor oversees the economic and financial matters of the government, including the development of the budget, which outlines government spending and revenue for the upcoming fiscal year. The budget announcement typically occurs in the House of Commons, where the Chancellor presents the details to Parliament, highlighting changes in taxation and public spending.

This responsibility is part of the Chancellor's broader duties, which include managing the Treasury and formulating fiscal policy. The importance of this position stems from the significant impact that budgetary decisions have on the economy, public services, and the financial well-being of citizens.