Written statement to Parliament

Machinery of Government changes: 1 June 2015

The Prime Minister announced Machinery of Government changes to the Shareholder Executive, the Digital Economy Unit and policy on cities.

From:
Prime Minister's Office, 10 Downing Street, Department for Business, Innovation & Skills, Ministry of Housing, Communities & Local Government, Department for Digital, Culture, Media & Sport, HM Treasury, and The Rt Hon Lord Cameron
Published
1 June 2015
Delivered on:
The Rt Hon David Cameron

This written ministerial statement confirms the following Machinery of Government Changes.

Shareholder Executive

Responsibility for the Shareholder Executive will transfer from the Secretary of State for Business, Innovation and Skills to the Chancellor of the Exchequer. A new government-owned company (GovCo), wholly owned by HM Treasury, will be formed to oversee the activities of both the Shareholder Executive and UK Financial Investments. This change will take place on the establishment of GovCo.

Digital Economy Unit

Responsibility for the Digital Economy Unit will transfer from the Secretary of State for Business, Innovation and Skills to the Secretary of State for Culture, Media and Sport.

Cities policy

Responsibility for cities policy will transfer from the Chancellor of the Duchy of Lancaster to the Secretary of State for Communities and Local Government.

Published 1 June 2015