| Post: | City Minister |
| Insignia: | Royal Coat of Arms of the United Kingdom (HM Government) (2022).svg |
| Insigniacaption: | Royal Arms as used by His Majesty's Government |
| Department: | HM Treasury |
| Incumbent: | Tulip Siddiq |
| Incumbentsince: | 9 July 2024 |
| Appointer: | The British Monarch |
| Inaugural: | The Lord Myners |
| Formation: | 3 October 2008[1] |
| Website: | HM Treasury |
The position of City Minister is a United Kingdom Government mid-level ministerial post in HM Treasury. 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 Economic Secretary to the Treasury.
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.[2] The only person to have held the office was Lord Myners, who served from October 2008 to May 2010.[3] [4]
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, held at the time by Mark Hoban.
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.
Following the 2017 snap general election, City Minister Simon Kirby lost his seat and was succeeded by Steve Barclay.
Following Liz Truss becoming Prime Minister, 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.[5]
Colour key (for political parties):
| City Minister | Term of office | Political party | Prime Minister | Chancellor | |||||
|---|---|---|---|---|---|---|---|---|---|
| Paul Myners, Baron Myners | 3 October 2008 | 13 May 2010 | Labour | Brown | Darling | ||||
| Mark Hoban | 13 May 2010 | 4 September 2012 | Conservative | Cameron | Osborne | ||||
| Greg Clark | 4 September 2012 | 7 October 2013 | Conservative | ||||||
| Sajid Javid | 7 October 2013 | 9 April 2014 | Conservative | ||||||
| Andrea Leadsom | 9 April 2014 | 11 May 2015 | Conservative | Cameron | Osborne | ||||
| Harriett Baldwin | 11 May 2015 | 16 July 2016 | Conservative | Cameron | |||||
| Simon Kirby | 16 July 2016 | 8 June 2017 | Conservative | May | Hammond | ||||
| Steve Barclay | 14 June 2017 | 9 January 2018 | Conservative | ||||||
| John Glen | 9 January 2018 | 6 July 2022 | Conservative | ||||||
| Johnson | Javid | ||||||||
| Sunak | |||||||||
| Richard Fuller | 8 July 2022 | 6 September 2022 | Conservative | ||||||
| Zahawi | |||||||||
| Andrew Griffith | 7 September 2022 | 27 October 2022 | Conservative | Truss | Kwarteng | ||||
| Hunt | |||||||||
| Andrew Griffith | 27 October 2022 | 13 November 2023 | Conservative | Sunak | Hunt | ||||
| Bim Afolami | 13 November 2023 | 5 July 2024 | Conservative | ||||||
| Tulip Siddiq | 9 July 2024 | Incumbent | Labour | Starmer | Reeves | ||||