Secretary of State for Business and Trade information
Member of the Cabinet of the United Kingdom
For the UK Government department, see Department for Business and Trade.
United Kingdom Secretary of State for Business and Trade
Royal Arms of His Majesty's Government
Incumbent Kemi Badenoch since 7 February 2023
Department for Business and Trade
Style
Business Secretary (informal)
The Right Honourable (UK and the Commonwealth)
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
20 October 1963: (as Secretary of State for Industry, Trade and Regional Development)
7 February 2023: (as Secretary of State for Business and Trade)
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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v
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e
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.
The incumbent business secretary is Kemi Badenoch who was appointed by Rishi Sunak on 7 February 2023.[3]
^"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.
^"Politics news - latest: New Tory party chair confirmed - as Rishi Sunak announces changes to top team". Sky News. Retrieved 7 February 2023.
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