Ministerial role

Secretary of State for Business, Innovation and Skills and President of the Board of Trade

Responsibilities

The Secretary of State is responsible for strategy and policy across the Department for Business, Innovation & Skills (BIS). The department’s main policy areas are:

  • business law
  • consumer issues
  • employment relations
  • enterprise and business support
  • trade policy
  • higher education
  • further education and skills
  • science
  • innovation

The Secretary of State responsibilities:

  • overall responsibility for the department, strategy and all policies
  • overall responsibility for the BIS budget
  • President of the Board of Trade
  • lead Cabinet minister for reducing regulatory burdens across government

Current role holder: The Rt Hon Sajid Javid MP

The Rt Hon Sajid Javid MP was appointed Secretary of State for Business, Innovation and Skills on 11 May 2015. He was previously Secretary of State for Culture, Media and Sport from April 2014 to May 2015. Previously he was both the Economic and Financial Secretary to the Treasury. He is the MP for Bromsgrove.

Political career

Sajid has been the Member of Parliament for Bromsgrove constituency since being elected in the 2010 General Election. He was a member of the Work and Pensions Select Committee from June to November 2010.

Career outside politics

Before being elected MP, he worked in business and finance. Aged 25, he became a Vice President at Chase Manhattan Bank. He later moved to Deutsche Bank in London to help build its business in emerging market countries. Sajid left Deutsche Bank as a senior Managing Director in the summer of 2009 to give something back through politics.

Previous holders of this role

  1. The Rt Hon Dr Vince Cable

    • 2010 to 2015

Policies

  1. Labour market reform
  2. Competition law
  3. Company law reform
  4. Consumer protection
  5. Corporate governance
  6. Cyber security
  7. Export controls
  8. Free trade
  9. Industrial strategy
  10. Regional Growth Fund

Announcements

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  1. Support for small business: government plans

    • 19 May 2015
    • Speech
  2. Sajid Javid outlines ambitious Enterprise Bill

    • 19 May 2015
    • Press release
  3. Biggest overhaul of consumer rights in a generation

    • 27 March 2015
    • Press release
  4. Boost for firms as Small Business Act becomes law

    • 26 March 2015
    • Press release
  5. Manufacturers get more support from government

    • 26 March 2015
    • Press release
  6. Banks agree protocol on branch closures

    • 26 March 2015
    • Press release
  7. Women on boards numbers almost doubled in last 4 years

    • 25 March 2015
    • Press release
  8. Cable calls for new debate on role of adult further education

    • 24 March 2015
    • Press release
  9. Government wants UK to lead global robotics technology

    • 23 March 2015
    • Press release
  10. £15 million to train next generation of quantum engineers

    • 23 March 2015
    • Press release