Prime Minister Theresa May has appointed Steve Barclay, former director of regulatory affairs at Barclays bank and Brexit backer, as economic secretary to the Treasury.
Charged with handling the government's relationship with financials services, this is Barclay's first ministerial role. He was elected as MP for North East Cambridgeshire in 2010, and then re-elected in 2015 and 2017. From 2010 to 2014 he was a member of the Public Accounts Committee in parliament, where he focused on achieving "better value for money in public spending" and "greater fairness in the tax system", according to his website. Fund house execs challenge May with call for post-Brexit single market access Barclay became an Assistant Government Whip under David Cameron i...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes