Commercial Secretary to the Treasury

The Commercial Secretary to the Treasury, or City Minister,[1][2] is a United Kingdom Government minister in HM Treasury who ranks as a Parliamentary Under-Secretary of State.[3] The position has a wide range of duties related to business, and the financial sector in particular.[4] The first holder of the office was Lord Sasson. He was replaced in January 2013 by Lord Deighton.[5]

The office replaced the Financial Services Secretary[6] in May 2010 as part of the ministerial reorganisation by the Cameron Government.[2][7] It handled just the financial-services portion of the brief.[8] The only person to have held the office was Lord Myners, who served from October 2008 to May 2010.[9]

References

  1. ↑ "City minister Myners seeks review of how investment banking has 'permeated' society". The Daily Telegraph). 25 January 2010. Retrieved 20 May 2010.
  2. ↑ 2.0 2.1 "Two new peers to join the government". ePolitix. 19 May 2010. Retrieved 20 May 2010.
  3. ↑ "Her Majesty's Government". number10.co.uk. 19 May 2010.
  4. ↑ "Regulation author Sassoon named minister". Reuters. 19 May 2010.
  5. ↑ William, Helen (1 November 2012). "Olympics chief Paul Deighton takes seat in House of Lords". The Independent. Retrieved 1 November 2012.
  6. ↑ "Speech by the Financial Services Secretary to the Treasury, Paul Myners to the Association of Foreign Banks". HM Treasury official website (archived by The National Archives). 11 June 2009. Retrieved 20 May 2010.
  7. ↑ "Her Majesty's Government". number10.co.uk. 19 May 2010. Retrieved 20 May 2010.
  8. ↑ "Two new peers to join the government". Yahoo! News. 19 May 2010. Retrieved 20 May 2010.
  9. ↑ "Paul Myners CBE - Financial Services Secretary to the Treasury". HM Treasury. Retrieved 12 May 2010.