Secretary of State for Business, Innovation and Skills and President of the Board of Trade
Overall responsibility for the department strategy and all policies, overall responsibility for BIS budget, particular focus on business and banking issues, lead Cabinet Minister for reducing regulatory burdens across Government.
Minister of State for Universities and Science (attending Cabinet)
Responsible for looking across all departmental business at strategic priorities, higher education (including HEFCE and Student Loans Company), science and research (including Research Councils), life sciences, innovation, also responsible for the Technology Strategy Board, National Endowment for Science, Technology and the Arts (NESTA), Energy Technologies Institute, the National Measurement Office, the Design Council, the UK Accreditation Service, the British Standards Institute and Space.
Minister of State for Further Education, Skills and Lifelong Learning (jointly with the Department for Education)
Responsible for further education, adult skills, Skills Funding Agency, skills strategy, lifelong learning, informal adult learning, apprenticeships, UK Commission for Employment and Skills, Sector Skills Councils, Workplace Training reforms, qualifications reform programme.
Minister of State for Business and Enterprise
Responsible for business sectors, including low carbon economy, low emission vehicles, electronics, cyber security, small business, enterprise and access to finance, competitiveness and economic growth, deregulation and better regulation, regional and local economic development (including Grants for Business Investment), business support, Olympic legacy, export licensing.
Minister of State for Trade and Investment
Responsible for development and implementation of cross-Government strategy for trade and inward investment, UK Trade & Investment, Export Credits Guarantee Department, oversight of new Foreign & Commonwealth Office Commercial Director, spokesman for the Government on trade and investment issues in the House of Lords, accountable to the Business Secretary and Foreign Secretary.
Minister of State for Decentralisation and Cities
Responsible for cities, decentralisation, Big Society, planning policy.
Minister for Employment Relations, Consumer and Postal Affairs
Responsible for postal affairs (Royal Mail and Post Office Limited), employment relations (including ACAS), consumer policy and consumer affairs, competition policy, corporate governance, company law (including Companies House), social enterprise, Insolvency Service (including company investigations), general oversight of Shareholder Executive and its portfolios, coordination of European business, trade policy.
Parliamentary Secretary for Business, Innovation and Skills
Responsible for covering all BIS business in the Lords, intellectual property (including the IPO).