Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Treasury's Sajid Javid replaces Maria Miller as culture secretary

Treasury's Sajid Javid replaces Maria Miller as culture secretary

Treasury financial secretary Sajid Javid is to replace Maria Miller as culture secretary following her resignation over an expenses scandal.

Conservative MP Nicky Morgan, who was economic secretary to the Treasury, will replace Javid (pictured) as financial secretary.  

Prime minster David Cameron announced the changes on Twitter.

He wrote: ‘Sajid Javid MP is the new secretary of state for culture, media, sport and equalities, and Nicky Morgan MP is the new financial secretary to the Treasury. She'll also be minister for women and will attend Cabinet in that role.’

Miller resigned this morning claiming the news about her expenses had become a distraction for the government.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Commodity conundrum, beleaguered bonds and a US dilemma

Commodity conundrum, beleaguered bonds and a US dilemma

This week’s episode of Investment Pulse looks at the impact of falling commodity prices on banks, dangers of negative yield curves and whether US equities can continue to deliver.

Play Mirabaud's Pyshkin: The US will continue to grow dividends

Mirabaud's Pyshkin: The US will continue to grow dividends

The global equity income manager has invested half of his fund here.

Play Potential US rate rise, cheap oil & the Europe opportunity

Potential US rate rise, cheap oil & the Europe opportunity

This week we analyse the implications of a possible rise in US interest rates, the impact of cheap oil and the European equity opportunity.  

Wealth Manager on Twitter