Commercial Secretary to the Treasury

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The Commercial Secretary to the Treasury, or City Minister,[1][2] is a United Kingdom Government minister in HM Treasury who ranks as a Parliamentary Under-Secretary of State.[3] The position has a wide range of duties related to business, and the financial sector in particular.[4] The first holder of the office was Lord Sassoon. He was replaced in January 2013 by Lord Deighton.[5]

The office replaced the Financial Services Secretary[6] in May 2010 as part of the ministerial reorganisation by the Cameron Government.[2][7] It handled just the financial-services portion of the brief.[8] The only person to have held the office was Lord Myners, who served from October 2008 to May 2010.[9]

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