Ministerial role

Commercial Secretary to the Treasury - Minister of State

Responsibilities

The Commercial Secretary is responsible for:

  • EU exit financial services
  • UK productivity
  • industrial strategy
  • digital and energy infrastructure policy
  • city devolution, including Northern Powerhouse
  • working with the rest of government to promote the UK as a destination for foreign direct investment
  • better regulation and competition policy
  • corporate finance, including public corporations, public private partnerships, PFI, and sales of government assets
  • Crown Estate and the Royal Household
  • The Royal Mint
  • energy policy and climate change
  • Women in Finance
  • all Treasury business in the House of Lords

Previous holders of this role

  1. Baroness Neville-Rolfe DBE CMG

    • 2016 to 2017
  2. Lord O’Neill of Gatley

    • 2015 to 2016
  3. Lord Deighton

    • 2013 to 2015
  4. Lord Sassoon of Ashley Park

    • 2010 to 2013

Announcements

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  1. UK-India economic and trade relations to take centre stage on two-day visit

    • News story
  2. Commercial Secretary on the Northern Powerhouse

    • Speech
  3. New businesses back the Northern Powerhouse

    • Press release
  4. New £1 coin becomes legal tender

    • News story
  5. Commercial Secretary's speech on digital transformation in infrastructure and engineering

    • Speech
  6. Almost half of UK financial services staff now covered by ground breaking Women in Finance Charter

    • News story
  7. Commercial Secretary's speech at MIPIM

    • Speech
  8. Ministers in latest dialogue with financial services firms

    • News story
  9. "We must all come together to help more women shape a bright future for British nuclear energy", says Commercial Secretary

    • Speech
  10. Resignation of Lord O'Neill and PM response

    • News story