The Commercial Secretary to the Treasury, or City Minister, is a United Kingdom Government minister in HM Treasury who ranks as a Parliamentary Under-Secretary of State. The position has a wide range of duties related to business, and the financial sector in particular. The first holder of the office was Lord Sasson. He was replaced in January 2013 by Lord Deighton.
The office replaced the Financial Services Secretary in May 2010 as part of the ministerial reorganisation by the Cameron Government. It handled just the financial-services portion of the brief. The only person to have held the office was Lord Myners, who served from October 2008 to May 2010.
Famous quotes containing the words financial, services, secretary and/or treasury:
“America is a nation with no truly national city, no Paris, no Rome, no London, no city which is at once the social center, the political capital, and the financial hub.”
—C. Wright Mills (1916–1962)
“I see this evident, that we willingly accord to piety only the services that flatter our passions.”
—Michel de Montaigne (1533–1592)
“... the wife of an executive would be a better wife had she been a secretary first. As a secretary, you learn to adjust to the boss’s moods. Many marriages would be happier if the wife would do that.”
—Anne Bogan, U.S. executive secretary. As quoted in Working, book 1, by Studs Terkel (1973)
“In my opinion it is harmful to place important things in the hands of philanthropy, which in Russia is marked by a chance character. Nor should important matters depend on leftovers, which are never there. I would prefer that the government treasury take care of it.”
—Anton Pavlovich Chekhov (1860–1904)