Cabinet reshuffle: The new faces in business and tax policy

robert-outram By Robert Outram, The CA magazine

28 May 2015

Prime Minister David Cameron's post-election reshuffle has resulted in new appointments to posts with a direct bearing on the Government's business and taxation policies. 

Sajid Javid

Sajid Javid moves to business secretary, a promotion from his former post as culture, media and sport secretary, replacing the Liberal Democrats' Vince Cable. Javid is MP for Bromsgrove. 

Priti Patel

Priti Patel has been appointed as employment minister, following the failure of previous incumbent Esther McVey to be re-elected. Patel has been MP for the Witham constituency in Essex since 2010. In July 2014, she was promoted to exchequer secretary to the Treasury. 

Anna Soubry

Anna Soubry, the new small business minister, has been the MP for Broxtowe since 2010. She was previously a junior defence minister, the first woman to hold such a post in the UK Government. 

Jim O'Neill

Two non-politicians have been given potentially important positions in the Government. Jim O'Neill has been appointed commercial secretary at the Treasury with a brief to enact chancellor George Osborne's so-called "North Powerhouse" proposals. Jim is former chairman of Goldman Sachs Asset Management, and currently chairman of the RSA City Growth Commission, which has called for greater financial devolution for cities outside of London in order to stimulate growth. A Cities Devolution Bill will be in the Queen's Speech later this month, which is expected to extend devolution on the "Manchester model" to other cities and regions in England and Wales. 

Dr Ros Altmann OBE

Also a non-politician, Dr Ros Altmann OBE becomes minister for pensions at the Department for Work and Pensions, replacing Steve Webb. She has long been a campaigner for consumers in the pensions sector, and was director-general of the over 50s' organisation, Saga Group, from 2010 to 2013. An economist, she was a specialist adviser to the Blair Government. 

Amber Rudd

Amber Rudd is energy and climate change secretary. She is a former energy minister who has endorsed the need to tackle climate change. Some tough policy decisions will also be required with regard to the UK's embattled offshore oil and gas sector as well as the controversial issue of "fracking".

Greg Hands

Former deputy chief whip Greg Hands has replaced the Liberal Democrats' Danny Alexander as chief secretary to the Treasury and Harriett Baldwin becomes economic secretary to the Treasury ("City minister"). Damian Hinds becomes Exchequer secretary to the Treasury. 

David Mundell

Replacing his Liberal Democrat Coalition predecessor Alistair Carmichael, David Mundell becomes Scottish secretary.

Michael Gove

Michael Gove, former education secretary and chief whip, becomes lord chancellor and secretary of state for justice. He has been given the task of replacing the Human Rights Act with a British Bill of Rights.


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