Ministerial role

Commercial Secretary to the Treasury - Minister of State

Organisations: HM Treasury

Responsibilities

The Commercial Secretary is responsible for:

  • EU exit financial services
  • UK productivity
  • industrial strategy
  • digital and energy infrastructure policy
  • city devolution, including Northern Powerhouse
  • working with the rest of government to promote the UK as a destination for foreign direct investment
  • better regulation and competition policy
  • corporate finance, including public corporations, public private partnerships, PFI, and sales of government assets
  • Crown Estate and the Royal Household
  • The Royal Mint
  • energy policy and climate change
  • Women in Finance
  • all Treasury business in the House of Lords

Previous holders of this role

  1. Baroness Neville-Rolfe DBE CMG

    2016 to 2017

  2. Lord O’Neill of Gatley

    2015 to 2016

  3. Lord Deighton

    2013 to 2015

  4. Lord Sassoon of Ashley Park

    2010 to 2013