Minister of State for Investment

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United Kingdom
Minister of State for Investment
Portrait of The Lord Johnson of Lainston
Incumbent
The Lord Johnson of Lainston
since 24 November 2022
Department for Business and Trade
StyleThe Right Honourable
(within the UK and Commonwealth)
TypeMinister of the Crown
StatusMinister of State
Member ofHis Majesty's Government
Reports toSecretary of State for Business and Trade
SeatWestminster
NominatorPrime Minister
AppointerThe Monarch
(on the advice of the Prime Minister)
Term lengthAt His Majesty's pleasure
Salary£83,048 per annum (2022)[1]
(including £86,584 MP salary)[2]

The Minister of State for Investment is a role in the Department for Business and Trade of His Majesty's Government. It has been held by The Lord Johnson of Lainston since November 2022.

Responsibilities[edit]

Responsibilities include:[3]

  • investment strategy
  • investment promotion across all sectors
  • investor relationship management
  • investment events (including Global Investment Summit)
  • DBT Investor Screening
  • Office for Investment
  • defence and security exports
  • Lords trade legislation

Ministers of State for Investment[edit]

Minister of State Entered office Left office Political party Ministry
The Lord Grimstone of Boscobel 18 March 2020 7 July 2022 Conservative Johnson
(II)
The Lord Johnson of Lainston 2 October 2022 28 October 2022 Conservative Truss
24 November 2022 Incumbent Conservative Sunak

References[edit]

  1. ^ "Salaries of Members of His Majesty's Government – Financial Year 2022–23" (PDF). 15 December 2022.
  2. ^ "Pay and expenses for MPs". parliament.uk. Retrieved 15 December 2022.
  3. ^ "Minister of State for Investment - GOV.UK". www.gov.uk. Retrieved 26 December 2023. Text was copied from this source, which is available under an Open Government Licence v3.0. © Crown copyright.