City Minister
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The position of City Minister is a
United Kingdom Government ga, Rialtas a Shoilse gd, Riaghaltas a Mhòrachd , image = HM Government logo.svg , image_size = 220px , image2 = Royal Coat of Arms of the United Kingdom (HM Government).svg , image_size2 = 180px , caption = Royal Arms , date_es ...
mid-level ministerial post in
HM Treasury His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and ec ...
. The minister is responsible for the British financial services sector which is commonly known as ' the City'. The post is normally held in combination with another Treasury position, currently the
Financial Secretary to the Treasury The financial secretary to the Treasury is a mid-level ministerial post in HM Treasury, His Majesty's Treasury. It is nominally the fifth most significant ministerial role within the Treasury after the First Lord of the Treasury, first lord of th ...
.


History

The term 'City Minister' was first used as a nickname for the position of Financial Services Secretary to the Treasury which was created by
Gordon Brown James Gordon Brown (born 20 February 1951) is a British former politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party (UK), Leader of the Labour Party from 2007 to 2010. He previously served as Chance ...
upon coming to office in October 2008. The only person to have held the office was
Lord Myners Paul Myners, Baron Myners, (1 April 1948 – 16 January 2022) was a British businessman and politician. In October 2008 he was elevated to the House of Lords as a life peer and was appointed City Minister in the Labour Government of Gordon B ...
, who served from October 2008 to May 2010. In May 2010 as part of the ministerial reorganisation by the Cameron Government the position of Financial Services Secretary to the Treasury was abolished. However, the idea of there being a minister specifically responsible for the City was retained and it was decided that the post would be held concurrently with the position of
Financial Secretary to the Treasury The financial secretary to the Treasury is a mid-level ministerial post in HM Treasury, His Majesty's Treasury. It is nominally the fifth most significant ministerial role within the Treasury after the First Lord of the Treasury, first lord of th ...
, held at the time by
Mark Hoban Mark Gerard Hoban (born 31 March 1964) is a British politician. A member of the Conservative Party, he is a former Member of Parliament for Fareham (2001–2015) and former Minister of State for Work and Pensions (2012–2013). Early life Ho ...
. Following the promotion of
Sajid Javid Sajid Javid (; born 5 December 1969) is a British politician who served as Secretary of State for Health and Social Care from June 2021 to July 2022, having previously served as Home Secretary from 2018 to 2019 and Chancellor of the Exchequer f ...
to
Secretary of State for Culture, Media and Sport The secretary of state for digital, culture, media and sport, also referred to as the culture secretary, is a secretary of state in the Government of the United Kingdom, with overall responsibility for strategy and policy across the Department f ...
in April 2014 the portfolio of City Minister was moved from the Financial Secretary to the Treasury to the
Economic Secretary to the Treasury The Economic Secretary to the Treasury is the sixth-most senior ministerial post in His Majesty's Treasury, after the First Lord of the Treasury, the Chancellor of the Exchequer, the Chief Secretary to the Treasury, the Paymaster-General and the ...
. Following the 2017 snap general election, City Minister
Simon Kirby Simon Gerard Kirby (born 22 December 1964), also known as Simon Radford-Kirby, is a British politician. A member of the Conservative Party, he was elected as the Member of Parliament (MP) for Brighton Kemptown in 2010. In 2016, he was appointed ...
lost his seat and was succeeded by
Steve Barclay Stephen Paul Barclay (born 3 May 1972) is a British politician who has served as Secretary of State for Health and Social Care since October 2022, having previously held the position from July to September 2022 under Boris Johnson. He served a ...
. Following
Liz Truss Mary Elizabeth Truss (born 26 July 1975) is a British politician who briefly served as Prime Minister of the United Kingdom and Leader of the Conservative Party from September to October 2022. On her fiftieth day in office, she stepped down ...
becoming
Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is not ...
, although Richard Fuller retained his position as Economic Secretary to the Treasury, the City Minister brief was removed from him and returned to the Financial Secretary to the Treasury.


List of officeholders

Colour key (for political parties):


References

{{Ministers at HM Treasury HM Treasury Lists of government ministers of the United Kingdom Ministerial offices in the United Kingdom