Ministerial role

Economic Secretary to the Treasury (City Minister)


Responsibilities include financial services policy and overall strategic relationship with UK financial services, including:

  • banking and financial services reform and regulation (at home and in the EU) including the PRA
    • financial stability
    • City competitiveness
    • bank lending and access to finance
    • Help to Buy
    • financial conduct and the FCA
    • asset management
  • RBS, Lloyds and UKFI
  • retail financial services, including consumer finance, financial advice and capability
  • Equitable life

Current role holder: Andrea Leadsom MP

Andrea Leadsom is the Member of Parliament for South Northamptonshire. She was appointed to the position of Economic Secretary to the Treasury on 9 April 2014.


After attending Tonbridge Girls Grammar School in Kent, Andrea went on to read political science at Warwick University.

Political career

Andrea served on the Treasury Select Committee from 2010 until she was appointed to the position of Economic Secretary to the Treasury in April 2014.

Career outside politics

Andrea worked in the banking and finance industry for 25 years, most recently as Head of Corporate Governance and Senior Investment Officer at Invesco Perpetual, one of the UK’s largest retail fund managers.

Personal life

Andrea is married to Ben and has three children.

Previous holders of this role

  1. The Rt Hon Nicky Morgan MP

    • 2013 to 2014
  2. The Rt Hon Sajid Javid MP

    • 2012 to 2013
  3. Chloe Smith MP

    • 2011 to 2012
  4. The Rt Hon Justine Greening MP

    • 2010 to 2011


by Economic Secretary to the Treasury (City Minister)

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  1. Ministerial appointments: April 2014

    • 9 April 2014
    • Press release
  2. Further curbs to migrant access to benefits announced

    • 8 April 2014
    • News story
  3. New marker to tackle fuel fraud

    • 13 February 2014
    • News story
  4. Over 50,000 charities now claiming Gift Aid online

    • 13 February 2014
    • News story
  5. New taskforce meets to combat alcohol fraud

    • 16 January 2014
    • News story
  6. Newly expanded grassroots sport relief to help local sports clubs

    • 23 November 2013
    • News story
  7. EU spending restrained as agreement reached on 2014 budget

    • 12 November 2013
    • News story
  8. Tax certainty for oil and gas decommissioning will lead to extra £13 billion North Sea investment

    • 17 October 2013
    • News story
  9. Payday lending: tougher new rules welcomed by government

    • 3 October 2013
    • News story
  10. Economic Secretary's speech to the International Financial Centres Global Series

    • 18 September 2013
    • Speech

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