2013 Event George Osborne, Britain's Chancellor of the Exchequer, announces that G7 finance ministers and central bankers agree that coordinate action should be taken against tax evaders 2012 Event Britain's Chancellor of the Exchequer George Osborne reveals the 2012 British budget which cuts the top rate of income tax 1942 Birthday Norman Lamont, MP/Chancellor of Exchequer 1721 Event English Chancellor Exchequer John Aislabie confined in London Tower 1495 Event 1st written record of Scotch Whiskey appears in Exchequer Rolls of Scotland, Friar John Cor is the distiller