Ministerial role

Minister of State for Trade and Investment

Responsibilities

The minister is responsible for trade and investment issues at the Foreign and Commonwealth Office (FCO) and the Department for Business Innovation and Skills (BIS). Responsibilities include:

  • trade policy
  • trade promotion and inward investment
  • UK Trade and Investment
  • UK Export Finance
  • member of the Exports Implementation Taskforce (chaired by the Secretary of State)

Current role holder: Lord Price CVO

Lord Price was appointed Minister of State for Trade and Investment at the Department for Business, Innovation and Skills (BIS) and the Foreign and Commonwealth Office (FCO) on 4 April 2016.

Education

He was educated at Crewe County Grammar School for Boys and graduated from Lancaster University with a degree in Archaeology and Ancient History.

Background

Lord Price joined the John Lewis Partnership in 1982 as a graduate trainee. He held a number of posts before becoming Managing Director (MD) of Waitrose in April 2007. Prior to this, in 2005, he joined the Partnership Board taking on responsibility for new business development, strategy and IT as Development Director. In August 2013, alongside his Waitrose MD role, Lord Price was also made Deputy Chairman of the John Lewis Partnership.

Lord Price was Chairman of Business in the Community from 2011 to 2015 and has also held roles as Deputy Chairman of Channel 4, Chairman of The Prince’s Countryside Fund and as a Non-Executive Member of the Cabinet Office Board.

He was appointed a Commander of The Royal Victorian Order in the 2014 New Year’s Honours.

Personal life

Mark is married and has 2 daughters.

Previous holders of this role

  1. The Rt Hon Lord Maude of Horsham

    • 2015 to 2016
  2. Lord Livingston

    • 2013 to 2015
  3. Lord Green of Hurstpierpoint

    • 2011 to 2013

Announcements

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  1. Change of Her Majesty’s Consul General in New York

    • News story
  2. UKTI reveals record number of UK businesses looking to export

    • Press release
  3. Lord Price embarks on maiden trade visit to Mexico to strengthen trade ties

    • Press release
  4. Partnership agreement strengthens UK's export relationship with Iran

    • Press release
  5. Sajid Javid showcases the Midlands Engine to Chinese investors

    • Press release
  6. Lord Maude resignation letter and PM's response

    • News story
  7. The Hive comes to Kew Gardens

    • Press release
  8. Cross-government approach at heart of new drive to boost exports

    • Press release
  9. Sanctions relief paves the way for developing UK trade relationship with Iran

    • Press release
  10. New IT free trade deal could boost UK exports by £113 million

    • Press release