The Financial Secretary to the Treasury (FST) is the Growth Minister and is responsible for:

Supporting the Chancellor on the Growth Mission, specifically:
People: leading on the Treasury’s input to skills and workforce policy, including labour market, skills and migration
Place: leading on the Treasury’s input to regional growth, including cities and devolution and growth elements of housing and planning
Net Zero: leading on the Treasury’s input to the clean energy mission, including Great British Energy, decarbonisation, and green industries
Industrial Strategy and Trade: leading on the Treasury’s input to the industrial strategy, trade strategy and EU opportunities
Innovation: including leading on the Treasury’s input to R&D, AI, digital economy and diffusion
Supporting the Chancellor on reforms to the UK’s Public Financial Institutions, including driving growth via the National Wealth Fund and British Business Bank
Supporting the Chancellor on economic security and resilience
Economic and business regulation and competition
Leading on the Treasury’s interest in welfare policy
Leading on the Treasury’s interest in inward and foreign direct investment (non-FS)
Business engagement (non-FS)
The Crown Estate
Departmental minister for HM Treasury Group (including responsibility for the Darlington campus)
Leading on procurement and commercial strategy, including improving the efficiency and effectiveness of procurement
Treasury business in the House of Lords

Political Biography