Lord Livermore

Biography
Lord Livermore was appointed Financial Secretary to the Treasury on 8 July 2024.
Financial Secretary to the Treasury
The Financial Secretary to the Treasury (FST) is the Growth Minister and is responsible for:
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Supporting the Chancellor on the Growth Mission, specifically:
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People: leading on the Treasury鈥檚 input to skills and workforce policy, including labour market, skills and migration
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Place: leading on the Treasury鈥檚 input to regional growth, including cities and devolution and growth elements of housing and planning
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Net Zero: leading on the Treasury鈥檚 input to the clean energy mission, including Great British Energy, decarbonisation, and green industries
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Industrial Strategy and Trade: leading on the Treasury鈥檚 input to the 聽industrial strategy, trade strategy and EU opportunities
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Innovation: including leading on the Treasury鈥檚 input to R&D, AI, digital economy and diffusion
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Supporting the Chancellor on reforms to the UK鈥檚 Public Financial Institutions, including driving growth via the National Wealth Fund and British Business Bank
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Supporting the Chancellor on economic security and resilience
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Economic and business regulation and competition
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Leading on the Treasury鈥檚 interest in welfare policy
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Leading on the Treasury鈥檚 interest in inward and foreign direct investment (non-FS)
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Business engagement (non-FS)
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The Crown Estate聽
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Departmental minister for HM Treasury Group (including responsibility for the Darlington campus)
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Leading on procurement and commercial strategy, including improving the efficiency and effectiveness of procurement
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Treasury business in the House of Lords