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City Minister

City Minister
Royal Coat of Arms of the United Kingdom (HM Government).svg
Royal Arms as used by Her Majesty's Government
Simon Kirby MP.jpg
Incumbent
Simon Kirby MP

since 16 July 2016
HM Treasury
Appointer The British Monarch
on advice of the Prime Minister
Inaugural holder The Lord Myners
Formation 3 October 2008
Website HM Treasury

The position of City Minister is a United Kingdom Government minister in HM Treasury. The minister is responsible for the British financial services sector which is commonly known as 'the City'. The incumbent minister is Simon Kirby who was appointed in July 2016.

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 upon coming to office in October 2008. The only person to have held the office was Lord Myners, 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 Financial Secretary to the Treasury.

Following the promotion of Sajid Javid to Secretary of State for Culture, Media and Sport in April 2014 the portfolio of City Minister was moved from the Financial Secretary to the Treasury to the Economic Secretary to the Treasury.

Colour key (for political parties):
  Conservative   Labour



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