Topic summary

Department of Industry

Department of Industry

Extracted from the Wikipedia article Department of Trade and Industry (United Kingdom).

History

The department was formed on 19 October 1970 through the merger of the Board of Trade and the Ministry of Technology, creating a new cabinet post of Secretary of State for Trade and Industry. Additionally, the department also took over the Department of Employment's former responsibilities for monopolies and mergers. However, in January 1974, the department's responsibilities for energy production were transferred to a newly created Department of Energy. On 5 March that year, following a Labour Party victory in the February 1974 general election, the department was split into the Department of Trade, the Department of Industry and the Department of Prices and Consumer Protection.