The Rt Hon Lord Freud

Biography

Lord Freud was appointed Minister of State for Welfare Reform at the Department for Work and Pensions on 13 May 2015. He is a Conservative member of the House of Lords.

Education

He studied philosophy, politics and economics at Merton College, Oxford.

Political career

Lord Freud was appointed the shadow Minister for Welfare Reform in February 2009.

He previously advised the government on how to reform the welfare system, publishing an independent report in March 2007 entitled ‘Reducing dependency, increasing opportunity: options for the future of welfare to work’.

He served as Parliamentary Under Secretary of State (Minister for Welfare Reform) from May 2010 until May 2015.

Career outside politics

Lord Freud was Vice Chairman of Investment Banking for UBS, where he organised the restructuring of National Air Traffic Control and the reshaping of the Channel Tunnel Railway Link.

He was a journalist at the Financial Times for 8 years before starting his banking career.

Previous roles in government

  1. Minister of State for Welfare Reform
  2. Parliamentary Under Secretary of State for Welfare Reform

Announcements

  1. Recovery of overpaid benefits hits record high of £1 billion
  2. Retirement of Lord Freud
  3. Lord Freud to retire from ministerial role
  4. Improving the payments system for citizens, business and government
  5. Reforming welfare and work
  6. Reforms to support social sector tenants
  7. Universal Credit expands to all claimants in 5 more areas
  8. Universal Credit expands to all claimants in 5 areas
  9. Benefit fraud and error at record low level
  10. Rollout of flagship welfare reform Universal Credit reaches historic milestone