Minister with fortune before press turns (10)

I believe the answer is:

chancellor

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'minister' is the definition.
(type of government minister)

'with fortune before press turns' is the wordplay.
'with' says to put letters next to each other.
'fortune before' becomes 'chance' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'press' becomes 'roll' (to press down with a roller).
'turns' shows that the letters should be reversed in order.
'roll' written backwards gives 'llor'.
'chance'+'llor' is 'CHANCELLOR'.

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(Other definitions for chancellor that I've seen before include "Govt. finance minister" , "Titular university head" , "Government leader" , "11 17 down [CABINET MINISTER]" , "See 8" .)

I've seen this clue in The Telegraph.

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