Wealth Manager - the site for professional investment managers

Register to get unlimited access to 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 Biotech Growth: we will ride out this storm

Biotech Growth: we will ride out this storm

Geoffrey Hsu of Biotech Growth Trust says the sell-off in biotechnology stocks represents a buying opportunity for long-term investors.

Play Picton: the UK property hotspots for rental income

Picton: the UK property hotspots for rental income

Picton Property Income CEO Michael Morris reveals how he is planning to ride the ‘ripple effect’ as UK economic growth spills out from the capital across the country.

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

Brewin's Foster talks financial crisis MkII with Allianz's Riddell

This week Brewin Dolphin's head of research talks to Mike Riddell, fund manager at Allianz Global Investors, about the forces driving bonds markets in a tumultuous week for markets.

Your Business: Cover Star Club

Profile: PortfolioMetrix is on a mission to kill 'Frankenstein' systems

Profile: PortfolioMetrix is on a mission to kill 'Frankenstein' systems

In a buyers’ market for off-the-peg discretionary management, self-funded start-ups begin at an inherent disadvantage

Wealth Manager on Twitter