Following the departmental changes announced by the Prime Minister, BEIS has been restructured into three new departments:
The Department for Business and Trade brings together the business focused functions of BEIS and the former Department for International Trade. The Department will support businesses working both in the UK and abroad, and aims to deliver a single voice for business inside government, focused on growing the economy with better regulation, new trade deals, and a renewed culture of enterprise.
The Department is led by Kemi Badenoch as Secretary of State.
The move will bring together the five technologies of tomorrow – quantum, AI, engineering biology, semiconductors and future telecoms – along with space, life sciences and green technologies into one single department for the very first time.
Michelle Donelan is the Secretary of State, and she has issued a short video setting out her aims for the new department.
The Department aims to transform the UK’s energy supply by investing in renewables and nuclear power, and supporting the North Sea oil and gas industry to decarbonise production.
To reach net zero and build energy resilience, the Department will also work to deliver a cleaner, greener economy by scaling up energy businesses, generating green jobs and attracting new investment to mitigate against the climate crisis and build a prosperous future for everyone in the UK.
Grant Shapps is Secretary of State for the new department.