Ministerial role
Exchequer Secretary to the Treasury
Organisations:
HM Treasury
Current role holder:
Gareth Davies
Responsibilities
The Exchequer Secretary (XST) is responsible for:
- Growth, productivity and investment including:
- Investment Zones
- British Business Bank and British Patient Capital
- Foreign direct investment (non-FS)
- Infrastructure (physical and digital) and UK Infrastructure Bank
- Levelling Up and local growth (including the Levelling Up White Paper living standards mission)
- Digital economy
- Economic regulation and competition
- Migration, enterprise and skills
- Energy, climate and net zero transition policy and related taxes (including oil and gas and transport taxes)
- The following taxes, including stakeholder engagement:
- Excise duties (alcohol, tobacco, soft drinks industry levy and gambling), including excise fraud and law enforcement
- Charities, the voluntary sector, and gift aid
- Digital services tax (DST), Pillar One and Two
- Crown Estate and the Royal Household
- Parliamentary engagement, including Parliamentary deputy on public spending issues
Current role holder
Gareth Davies
Gareth Davies was appointed Exchequer Secretary to the Treasury on 21 April 2023.
In November 2022, Gareth was appointed Parliamentary Private Secretary (PPS) to the Chancellor of the Exchequer. Previously, Gareth served on the House of Commons Finance Select Committee from 2019 and the Treasury Select Committee from 2021.
Previous holders of this role
-
James Cartlidge
2022 to 2023
-
Felicity Buchan
2022 to 2022
-
Alan Mak
2022 to 2022
-
Helen Whately
2021 to 2022
-
The Rt Hon Kemi Badenoch
2020 to 2021
-
The Rt Hon Simon Clarke
2019 to 2020
-
The Rt Hon Robert Jenrick
2018 to 2019
-
Andrew Jones
2017 to 2018
-
The Rt Hon Damian Hinds
2015 to 2016
-
The Rt Hon Priti Patel
2014 to 2015
-
The Rt Hon David Gauke
2010 to 2014