NewsCase StudiesEvents

Lord Livingston becomes new Trade Minister

Also in the news...

Paul Beare Wins IR Global Member Of The Year

Paul Beare has been named Member of the Year at this yearís IR Global Conference in Amsterdam.

The Biggest Problem With Running A UK Payroll

We explore the biggest problem with running a UK payroll, together with the required functions of payroll calculations and net salary.

Taking It For Granted: How The UK Government Helps Growing Firms

In the UK, a number of government agencies offer a range of grants to help smaller firms to grow and prosper. The grants are typically designed to support innovation, encourage job creation, and underpin growth. In the last few years, a number of new initiatives have emerged, including grants aimed at boosting green technology and digital transformation.

Start-ups Wasting Over 2 Weeks And £37 Billion A Year On Admin

UK start-ups and microbusinesses are wasting over two working weeks every year on admin tasks, including managing mobile phone contracts, choosing energy providers, and buying insurance Ė according to new research.

The Costs For International Businesses Employing In The UK

In an ever-globalising business landscape, expanding operations to the United Kingdom can be a strategic move for international companies seeking new opportunities.

Lord Livingston becomes new Trade Minister

Back to News

Lord Livingston has today (10 December 2013) succeeded Lord Green as Trade and Investment Minister.

Ian Livingston will be Minister of State jointly at the Department for Business, Innovation and Skills and at the Foreign and Commonwealth Office following the retirement from government of Lord Green of Hurstpierpoint.

Lord Livingston, who is the outgoing Chief Executive of BT Group, will continue the work Lord Green has undertaken to help Britain compete in the global race; growing the UKís exports and attracting further investment from overseas.

He will report to both the Secretary of State for Business and the Foreign Secretary.

Prime Minister David Cameron said:

Ian Livingston is an outstanding business leader and it is a testament to the importance of this role that he has agreed to serve in the government in this capacity. I know that he will make an invaluable contribution to our plan to help secure Britainís long-term economic future, by helping to open new trade links and grow our exports.

Stephen Green has made a huge contribution to promoting trade and investment, leading the reform and rejuvenation of UK Trade and Investment, which now assists a significantly greater number of small and medium-sized businesses to export around the globe.

Our drive to compete in the global race has been aided immensely by his business acumen and his tireless work in promoting the best of Britain worldwide. I would like to thank him and wish him the very best as he retires from government.

Lord Livingston said:

It is an honour to start in my new role as Minister of State for Trade and Investment.

The UK has some of the best and most dynamic companies in the world and has one of the most open business environments for investment. Last week I joined the Prime Minister on his trade mission to China and it highlighted the real opportunities for the UK and its companies.

I am looking forward to the important work ahead, encouraging more UK firms to export and promoting this country as a world leading destination for inward investment.

Lord Green said:

I am proud to have served as Trade Minister for the past 3 years. This has been one of the most rewarding roles of my entire career.

Iím very pleased the Prime Minister decided to appoint Ian Livingston as my successor. He is an outstanding businessman and will be an outstanding Trade Minister to continue this work.

Lord Livingston was CEO of BT Group from 2008 until 2013. Over that period free cash flow tripled and BT has become one of the best performing European Telco stocks. Lord Livingston oversaw one of the fastest fibre rollout programmes in the world, invested in strengthening the companyís global presence and launched a major new TV sports service.

You are not logged in!

Please login or register to ask our experts a question.

Login now or register.