Numbers

Number 11 Downing Street

"Number 11 Downing Street" is the official residence of the Chancellor of the Exchequer in the British Government.  It is next door to "Number 10 Downing Street" the official residence of the Prime Minister of the United Kingdom.

How It's Used

"Six somberly suited men and one, the Italian, who invariably arrives in open sports coats, convene every three months or so in the opulent gilded chambers of the Louvre Palace, in the clubby rooms of No. 11 Downing Street or beneath the swooping brass chandeliers of the American Treasury's third-floor conference room. All ministers of finance, they call each other by first names - Jim, Kiichi, Gerhard, Edouard, Nigel, Michael, Giovanni. All come armed with briefing books, kept at their fingertips, and with the weight of their economies on their backs. Each also brings his deputy and his central banker, and three bring interpreters. The managing director of the International Monetary Fund, Michel Camdessus, is also there, to try to keep the others honest."

“When Labour took power in 1997, Messrs. Blair and Brown swapped homes. The official residence of the chancellor of the exchequer (the formal title of Britain's finance minister), at No. 11 Downing Street, is bigger than the famed No. 10. Mr. Blair arrived with his wife and four children, and has since had a fifth child. Mr. Brown, then unmarried, moved into No. 10 and still lives there.”

"Gordon Brown resisted interference in financial regulation from Brussels during his time at Number 11, fearing that heavy-handed rules would threaten the international competitiveness of the City. But since the crisis exposed the vulnerability of the financial system to crises, the Treasury has admitted that Europe's role must be beefed up."

Also Known As (AKA)

Number 11, No. 11 Downing Street

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