Margot James named minister for small businesses
Conservative MP for Stourbridge Margot James has been appointed minister for small business, consumer protection and corporate social responsibility.
The role includes the responsibility of overseeing the UK accountancy profession.
Margot, who is replacing Anna Soubry MP who has resigned, said on Twitter that she was “delighted” at being appointed, adding she will do all she can “to support businesses and employees” in her new role.
Margot is no stranger to the workings of small businesses, having co-founded PR and medical education business Shire Health in 1986. After running the business for 12 years Margot sold Shire Health to the WPP Group, and was appointed Head of European Healthcare for their advertising agency Ogilvy & Mather.
Since being elected as MP for Stourbridge in 2010, Margot has been very active within the business community.
Between 2010 and 2012, she sat on the Business, Innovation, and Skills Select Committee, and the Committee on Arms Export Controls.
She then went on to become Parliamentary Private Secretary (PPS) to Lord Green, the Minister for Trade and Investment, in 2012. She then became PPS for then Leader of the House, the Rt Hon William Hague MP in 2014.
I am delighted to be joining the ministerial team at @bisgovuk and will do all I can to support businesses and employees in my new role— Margot James (@margot_james_mp) July 17, 2016
The Federation of Small Businesses (FSB) welcomed the appointment.
In a comment for The Guardian, FSB National Chairman Mike Cherry said: “We greatly value Ms James’ support for small businesses as she herself was a successful entrepreneur before moving into politics and is able to relate to the challenges our members face.
"The first priority in her Ministerial in-tray must be to be establish a Small Business Commissioner to tackle late payments, and to work with the Treasury on how to boost economic growth.”