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HM Treasury News Release

129/99

2 August 1999



RESPONSIBILITIES OF TREASURY MINISTERS



The Chancellor of the Exchequer, Gordon Brown, has decided the following allocation of Ministerial responsibilities :

CHIEF SECRETARY, ALAN MILBURN MP



  • Public expenditure planning and control (including local authorities and nationalised industries finance).
  • Value for money in the public services, including Public Service Agreements.
  • Departmental Investment Strategies including Capital Modernisation Fund and Invest to Save budget.
  • Public/Private Partnerships including Private Finance Initiative.
  • Procurement policy.
  • Public sector pay, including parliamentary pay, allowances and superannuation.
  • Presentation of economic policy and economic briefing.
  • Welfare reform.
  • Devolution.
  • Strategic oversight of banking, financial services and insurance.
  • PSX (Public services and expenditure), QFL (Forward Legislation), GL (local government), HS (home and social affairs), and EA (economic affairs) committees.
  • Resource Accounting and Budgeting.






PAYMASTER GENERAL, DAWN PRIMAROLO MP



  • Minister responsible for Inland Revenue, Customs and Excise and the Treasury and with overall responsibility for tax and the Finance Bill.
  • Personal taxation, NI contributions, tax credits.
  • Business taxation, including corporation tax.
  • Capital gains tax.
  • Inheritance tax.
  • VAT.
  • European and International tax issues.


FINANCIAL SECRETARY, STEPHEN TIMMS MP



  • Support to the Chief Secretary on Departmental PSAs.
  • Growth, with responsibility for the growth unit and productivity agenda.
  • Small firms and venture capital.
  • ESOPs.
  • Science, Research and Development.
  • Welfare to Work issues.
  • Competition and deregulation policy.
  • Export Credit.
  • Customs and Excise taxes, except VAT.
  • Environmental issues, including Climate Change levy and other economic instruments.
  • Taxation of company cars and road fuel; Vehicle Excise Duty.
  • North Sea Taxation.
  • Support to the Paymaster General on the Finance Bill.
  • Parliamentary financial business, PAC, NAO.
  • LEG Committee (Current Legislation).
  • Support to the Chief Secretary on the Financial Services Bill.




ECONOMIC SECRETARY, MELANIE JOHNSON MP



  • Banking, financial services and insurance and support to the Chief Secretary on the Financial Services Bill.
  • Foreign exchange reserves and debt management policy.
  • Support to the Chancellor on EU and International issues.
  • EMU business preparations.
  • Economic reform in Europe.
  • Responsibility for National Savings, the Debt Management Office, National Investment and Loans Office, Office of National Statistics, Royal Mint and the Government Actuary's Department.
  • Financial services tax issues (eg ISAs, stamp duty, pensions).
  • Support to the Paymaster General on the Finance Bill.
  • Treasury interest in general accountancy issues. Support to the Chief Secretary on Resource Accounting and Budgeting.
  • Charities and charity taxation.
  • Womens' issues.


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