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The Minister of State for Investment is a role in the Department for Business and Trade of His Majesty's Government. It has been held by The Lord Johnson of Lainston since November 2022.
United Kingdom Minister of State for Investment | |
---|---|
Incumbent since 5 July 2024Vacant | |
Department for Business and Trade | |
Style | The Right Honourable (within the UK and Commonwealth) |
Type | Minister of the Crown |
Status | Minister of State |
Member of | His Majesty's Government |
Reports to | Secretary of State for Business and Trade |
Seat | Westminster |
Nominator | Prime Minister |
Appointer | The Monarch (on the advice of the Prime Minister) |
Term length | At His Majesty's pleasure |
Salary | £83,048 per annum (2022)[1] (including £86,584 MP salary)[2] |
Responsibilities
editResponsibilities include:[3]
- investment strategy
- investment promotion across all sectors
- investor relationship management
- investment events (including Global Investment Summit)
- DBT Investor Screening
- Office for Investment
- defence and security exports
- Lords trade legislation
Ministers of State for Investment
editMinister of State | Entered office | Left office | Political party | Ministry | |||
---|---|---|---|---|---|---|---|
The Lord Grimstone of Boscobel | 18 March 2020 | 7 July 2022 | Conservative | Johnson (II) | |||
The Lord Johnson of Lainston | 2 October 2022 | 28 October 2022 | Conservative | Truss | |||
24 November 2022 | 5 July 2024 | Conservative | Sunak |
References
edit- ^ "Salaries of Members of His Majesty's Government – Financial Year 2022–23" (PDF). 15 December 2022.
- ^ "Pay and expenses for MPs". parliament.uk. Retrieved 15 December 2022.
- ^ "Minister of State for Investment - GOV.UK". www.gov.uk. Retrieved 26 December 2023. Text was copied from this source, which is available under an Open Government Licence v3.0. © Crown copyright.