The position of City Minister is a

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mid-level ministerial post in

HM Treasury His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a Departments of the Government of the United Kingdom, department of Government of the United Kingdom, His Majesty's Government ...

. The minister is responsible for the British financial services sector which is commonly known as ' the City'. The post is normally held in combination with another Treasury position, currently the

Financial Secretary to the Treasury The financial secretary to the Treasury is a mid-level ministerial post in His Majesty's Treasury. It is nominally the fifth most significant ministerial role within the Treasury after the first lord of the Treasury, the chancellor of the Excheq ...

History

The term 'City Minister' was first used as a nickname for the position of Financial Services Secretary to the Treasury which was created by

Gordon Brown James Gordon Brown (born 20 February 1951) is a British former politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 to 2010. He previously served as Chancellor of the Exchequer in Tony ...

upon coming to office in October 2008. The only person to have held the office was

Lord Myners Paul Myners, Baron Myners, (1 April 1948 – 16 January 2022) was a British businessman and politician. In October 2008 he was elevated to the House of Lords as a life peer and was appointed City Minister in the Labour Government of Gordon ...

, who served from October 2008 to May 2010. In May 2010 as part of the ministerial reorganisation by the Cameron Government the position of Financial Services Secretary to the Treasury was abolished. However, the idea of there being a minister specifically responsible for the City was retained and it was decided that the post would be held concurrently with the position of

, held at the time by Mark Hoban. Following the promotion of

Sajid Javid Sajid Javid (; born 5 December 1969) is a British politician who served as Secretary of State for Health and Social Care from June 2021 to July 2022, having previously served as Home Secretary from 2018 to 2019 and Chancellor of the Exchequer ...

Secretary of State for Culture, Media and Sport The secretary of state for digital, culture, media and sport, also referred to as the culture secretary, is a Secretary of State (United Kingdom), secretary of state in the Government of the United Kingdom, with overall responsibility for strateg ...

in April 2014 the portfolio of City Minister was moved from the Financial Secretary to the Treasury to the Economic Secretary to the Treasury. Following the 2017 snap general election, City Minister Simon Kirby lost his seat and was succeeded by Steve Barclay. Following

Liz Truss Mary Elizabeth Truss (born 26 July 1975) is a British politician who briefly served as Prime Minister of the United Kingdom and Leader of the Conservative Party from September to October 2022. On her fiftieth day in office, she stepped dow ...

becoming

Prime Minister A prime minister, premier or chief of cabinet is the head of the cabinet and the leader of the ministers in the executive branch of government, often in a parliamentary or semi-presidential system. Under those systems, a prime minister is ...

, although Richard Fuller retained his position as Economic Secretary to the Treasury, the City Minister brief was removed from him and returned to the Financial Secretary to the Treasury.

List of officeholders

Colour key (for political parties):

References

{{Ministers at HM Treasury HM Treasury Lists of government ministers of the United Kingdom Ministerial offices in the United Kingdom