Secretary of State for Business and Trade
Member of the Cabinet of the United Kingdom / From Wikipedia, the free encyclopedia
For the UK Government department, see Department for Business and Trade.
The secretary of state for business and trade (business secretary), is a secretary of state in the Government of the United Kingdom, with responsibility for the Department for Business and Trade. The incumbent is a member of the Cabinet of the United Kingdom.
Quick Facts United Kingdom, Style ...
United Kingdom Secretary of State for Business and Trade | |
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Department for Business and Trade | |
Style |
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Status | Secretary of State Minister of the Crown |
Member of | Cabinet Privy Council Board of Trade |
Reports to | The Prime Minister |
Appointer | The Monarch (on the advice of the Prime Minister) |
Formation |
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First holder | Edward Heath (as Secretary of State for Industry, Trade and Regional Development) |
Salary | £159,038 per annum (2022)[1] (including £86,584 MP salary)[2] |
Website | Department for Business and Trade |
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The incumbent business secretary is Jonathan Reynolds who was appointed by Keir Starmer on 5 July 2024.[3] The Secretary of State is shadowed by the Shadow Secretary of State for Business and Trade, currently Kevin Hollinrake since 2024.