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Prime Minister Sir Keir Starmer has announced the make-up of his new UK Government team.

ICB outlines the names that we should be looking out for and why:

Name

Title

Why

Sir Kier Starmer MP

Prime Minister

The political direction of his Government (and the person who takes ultimate responsibility)

Rachel Reeves MP

Chancellor

Budgets and Autumn Statements

Darren Jones MP

Chief Secretary to the Treasury

Responsible for public expenditure, including spending reviews

Shabana Mahmood MP

Justice Secretary

For justice law and procedure in England and Wales

Bridget Phillipson MP

Education Secretary

Education and skills in England

Liz Kendall MP

Work and Pensions Secretary

Benefits and oversight of employers and pensions

Jonathan Reynolds MP

Business and Trade Secretary

The department for economic growth, impacting us in areas on policy such as National Minimum Wage and holiday leave

 

 

 

 

 

 

 

 

 

 

It is also worth noting that on top of Rachel Reeves' historic appointment as the first female chancellor, 46% of this cabinet are women - higher than Blair adminstration in 1997.

For Bookkeepers

We need to know the name of the Financial Secretary to the Treasury (FST), as this is the person responsible for the UK tax system, including HMRC and tax administration.  Also the  Exchequer Secretary to the Treasury (EST) who works with colleagues in the Treasury and supports the Chancellor, plus the appointment of a Minister for Pensions.

We should also be looking for any announcements made by the Secretaries of State for the devolved nations: 

  • Hilary Benn MP (Northern Ireland)
  • Ian Murray MP (Scotland)
  • Jo Stevens MP (Wales)
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