Minister of State for Trade and Investment

Lord Livingston

Biography

Lord Livingston was appointed Minister of State for Trade and Investment on 11 December 2013 and leads on FCO relations with British Business. He is a Conservative member of the House of Lords.

Career outside politics

Lord Livingston was CEO of BT Group from 2008 until 2013. Over that period free cash flow tripled and BT has become one of the best performing European Telco stocks. It invested heavily in one of the fastest fibre rollout programmes in the world and launched a new TV sports service. Having joined BT in 2002, he served on the BT Group Board as Group Finance Director and CEO BT Retail, its consumer and small business division.

Prior to this, Lord Livingston was Group Finance Director at Dixons Group plc from the age of 32 making him the youngest FTSE 100 CFO by some distance. During his tenure, Dixons grew revenue and profits strongly and created the UK’s first major internet IPO, Freeserve.

Lord Livingston has also worked for 3i plc, Bank of America and Arthur Andersen. He was previously a non executive director of Hilton Group plc and is currently a non executive director on the board of Celtic plc. He is a Chartered Accountant.

Personal life

Lord Livingston is married with 2 children.

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    Minister of State for Trade and Investment

    The minister is responsible for trade and investment. This role is shared between the Foreign & Commonwealth Office (FCO) and the Department for Business, Innovation and Skills (BIS). Responsibilities include:

    • developing and implementing cross-government strategy for trade and inward investment
    • UK Trade and Investment (UKTI), UK Export Finance (Export Credits Guarantee Department) and the Foreign and Commonwealth Office’s Prosperity Directorate
    • speaking for the government on trade and investment issues in the House of Lords
    • membership of the Prime Minister’s Business Advisory Group
    • coordinating European business
    • multilateral trade policy
    • single market and implementation

    Announcements

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    1. UK Export Finance signs agreement to give UK exporters greater access to markets in Mexico

      • 5 March 2015
      • Press release
    2. Leading UN human rights expert visits UK Export Finance

      • 4 March 2015
      • News story
    3. Deals announced in Shanghai kick start drive for £150 million boost for UK

      • 3 March 2015
      • Press release
    4. UK and Mexico celebrate closer economic and academic ties during Mexico State Visit

      • 1 March 2015
      • Press release
    5. Long term export support confirmed for small and medium sized firms

      • 18 February 2015
      • Press release
    6. Transatlantic Trade and Investment Partnership - Cable urges greater transparency

      • 16 February 2015
      • Press release
    7. Security expert to head government export sales organisation

      • 15 January 2015
      • Press release
    8. UK Export Finance on cover for Rwanda

      • 12 January 2015
      • Press release
    9. UK Export Finance supports UK business opportunities in Dubai

      • 19 December 2014
      • News story
    10. UK Export Finance voted best export credit agency

      • 5 December 2014
      • News story