Commercial Secretary to the Treasury
Encyclopedia
The Commercial Secretary to the Treasury, or City Minister, is a United Kingdom Government
minister in HM Treasury
who ranks as a Parliamentary Under-Secretary of State
. The position has a wide range of duties related to business, and the financial sector in particular. The office replaces the Financial Services Secretary to the Treasury, which handled just the financial-services portion of the brief. The first and current holder of the office is Lord Sasson.
Government of the United Kingdom
Her Majesty's Government is the central government of the United Kingdom of Great Britain and Northern Ireland. The Government is led by the Prime Minister, who selects all the remaining Ministers...
minister in HM Treasury
HM Treasury
HM Treasury, in full Her Majesty's Treasury, informally The Treasury, is the United Kingdom government department responsible for developing and executing the British government's public finance policy and economic policy...
who ranks as a Parliamentary Under-Secretary of State
Parliamentary Under-Secretary of State
A Parliamentary Under-Secretary of State is the lowest of three tiers of government minister in the government of the United Kingdom, junior to both a Minister of State and a Secretary of State....
. The position has a wide range of duties related to business, and the financial sector in particular. The office replaces the Financial Services Secretary to the Treasury, which handled just the financial-services portion of the brief. The first and current holder of the office is Lord Sasson.