19/06/2013

New Minister For Trade And Investment Appointed

The chief executive at BT is to leave the telecoms giant to become minister for trade and investment.

Ian Livingston will replace former HSBC chief executive and chairman Lord Green when he joins the House of Lords. Lord Green has served since 2011 but is approaching retirement.

Livingston became the youngest FTSE 100 finance director at the age of 32 when he was with Dixons.

He joined BT in the same role ahead of becoming chief executive in June 2008, aged 43.

He will join the House of Lords ahead of taking up the front bench role in December.

(MH/JP)

Related UK National News Stories
Click here for the latest headlines.

16 January 2009
Tough Stance On Burglaries By Top Judge
The head of the judiciary in England and Wales has urged courts to hand down stiffer sentences to domestic burglars. The Lord Chief Justice, Igor Judge, sent out a firm message to criminals today, in a strongly-worded judgment. Lord Judge rejected calls from six convicted burglars to have their jail terms reduced.
21 October 2005
Britain celebrates Trafalgar bicentenary
Britain is marking the 200th anniversary of the Battle of Trafalgar with a series of events across the country. More than 6,000 events are planned to take place throughout the UK over the weekend, to mark the Royal Navy victory over the combined Spanish and France fleets on October 21, 1805.
25 March 2013
MPs Critical Of Ongoing UKBA Backlog
A backlog of unresolved immigration cases are still plaguing the UK Border Agency, according to MPs. The agency has supplied incorrect data for six years and former head Lin Homer "repeatedly misled" the Home Affairs Committee, the MPs said. Accusations Ms Homer, now the head of Revenue and Customs, said were unfair and untrue.
20 July 2009
Lord Sugar Takes Up New Job
Business mogul Sir Alan Sugar took his seat in the House of Lords this afternoon, amid talks of a mechanism that would allow life peers to renounce their titles. Lord Sugar, as he will be known, was appointed to the Upper Chamber by Prime Minister Gordon Brown. The BBC Apprentice star will operate as an 'enterprise tzar' for the Government.
10 July 2012
TUC Appoints First Female Leader
Britain's Trade Union Congress will be lead by a woman for the first time in its history. The union has confirmed that Frances O'Grady will become its next general secretary, taking over from Brendan Barber at the end of the year.