President of the Board of Trade
| President of the Board of Trade | |
|---|---|
_(St_Edwards_Crown).svg) Royal Arms as used by His Majesty's Government | |
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| Board of Trade | |
| Style | The Right Honourable (Formal prefix) President of the Board of Trade |
| Member of | British Cabinet Privy Council |
| Reports to | The Prime Minister |
| Seat | Westminster, London |
| Appointer | The Sovereign on advice of the Prime Minister |
| Term length | No fixed term |
The President of the Board of Trade is head of the Board of Trade. This is a committee of the Privy Council of the United Kingdom, first established as a temporary committee of inquiry in the 17th century, that evolved gradually into a government department with a diverse range of functions.[1] The current holder of the post is Kemi Badenoch,[2] who is concurrently the Secretary of State for Business and Trade.
History
The idea of a Board of Trade was first translated into action by Oliver Cromwell in 1655 when he appointed his son Richard Cromwell to head a body of Lords of the Privy Council, judges and merchants to consider measures to promote trade. Charles II established a Council of Trade on 7 November 1660 followed by a Council of Foreign Plantations on 1 December that year. The two were united on 16 September 1672 as the Board of Trade and Plantations.
After the Board was re-established in 1696, there were 15 (and later 16) members of the Board – the 7 (later 8) great officers of state, and 8 unofficial members, who did the majority of the work. The senior unofficial member of the board was the president of the board, commonly known as the first lord of trade. The board was abolished on 11 July 1782, but a Committee of the Privy Council was established on 5 March 1784 for the same purposes. On 23 August 1786 a new committee was set up, more strongly focused on commercial functions than the previous boards of trade. At first the president of the Board of Trade only occasionally sat in the Cabinet, but from the early 19th century it was usually a cabinet-level position.
In 2020, there was an unusual appointment of a deputy president to assist the president, but the holder remained only an adviser to the Board.[3] This appears to have been a one-off appointment, and this role no longer exists.[4] However, the president was previously assisted by the vice president.[5]
List of presidents of the Board of Trade
First Lord of Trade (1672–1782)
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President of the Committee on Trade and Foreign Plantations (1784–1786)
| President of the Committee | Term of office | Party | Ministry | Monarch | |||
|---|---|---|---|---|---|---|---|
|
Thomas Townshend 1st Viscount Sydney |
5 March 1784 |
23 August 1786 |
Whig | Pitt I | George III.svg) (1760–1820 | |
President of the Board of Trade (1786–1900)
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President of the Board of Trade (1900–1963)
| President of the Board | Took office | Left office | Political party | Prime Minister | Monarch | |||
|---|---|---|---|---|---|---|---|---|
|
Gerald Balfour | 7 November 1900 | 12 March 1905 | Conservative | Robert Gascoyne-Cecil, 3rd Marquess of Salisbury | |||
| Arthur Balfour | ||||||||
|
James Gascoyne-Cecil, 4th Marquess of Salisbury | 12 March 1905 | 4 December 1905 | Conservative | ||||
|
David Lloyd George | 10 December 1905 | 12 April 1908 | Liberal | Henry Campbell-Bannerman | |||
|
Winston Churchill | 12 April 1908 | 14 February 1910 | Liberal | H. H. Asquith | |||
|
Sydney Buxton | 14 February 1910 | 11 February 1914 | Liberal | ||||
|
John Burns | 11 February 1914 | 5 August 1914 | Liberal | ||||
|
Walter Runciman | 5 August 1914 | 5 December 1916 | Liberal | ||||
|
Albert Stanley | 10 December 1916 | 26 May 1919 | Conservative | David Lloyd George (Coalition) |
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Auckland Geddes | 26 May 1919 | 19 March 1920 | Conservative | ||||
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Robert Horne | 19 March 1920 | 1 April 1921 | Conservative | ||||
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Stanley Baldwin | 1 April 1921 | 19 October 1922 | Conservative | ||||
|
Philip Cunliffe-Lister | 24 October 1922 | 22 January 1924 | Conservative | Bonar Law | |||
| Stanley Baldwin | ||||||||
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Sidney Webb | 22 January 1924 | 3 November 1924 | Labour | Ramsay MacDonald | |||
|
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Philip Cunliffe-Lister | 6 November 1924 | 4 June 1929 | Conservative | Stanley Baldwin | |||
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William Graham | 7 June 1929 | 24 August 1931 | Labour | Ramsay MacDonald | |||
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Philip Cunliffe-Lister | 25 August 1931 | 5 November 1931 | Conservative | Ramsay MacDonald (1st National Min.) |
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Walter Runciman | 5 November 1931 | 28 May 1937 | Liberal National | Ramsay MacDonald (2nd National Min.) |
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| Stanley Baldwin (3rd National Min.) |
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Oliver Stanley | 28 May 1937 | 5 January 1940 | Conservative | Neville Chamberlain (4th National Min.; War Coalition) |
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Andrew Rae Duncan | 5 January 1940 | 3 October 1940 | No party | ||||
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Oliver Lyttelton | 3 October 1940 | 29 June 1941 | Conservative | Winston Churchill (War Coalition) |
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Andrew Rae Duncan | 29 June 1941 | 4 February 1942 | No party | ||||
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John Jestyn Llewellin | 4 February 1942 | 22 February 1942 | Conservative | ||||
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Hugh Dalton | 22 February 1942 | 23 May 1945 | Labour | ||||
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Oliver Lyttelton | 25 May 1945 | 26 July 1945 | Conservative | Winston Churchill (Caretaker Min.) |
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Stafford Cripps | 27 July 1945 | 29 September 1947 | Labour | Clement Attlee | |||
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Harold Wilson | 29 September 1947 | 23 April 1951 | Labour | ||||
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Hartley Shawcross | 24 April 1951 | 26 October 1951 | Labour | ||||
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Peter Thorneycroft | 30 October 1951 | 13 January 1957 | Conservative | Winston Churchill | |||
| Anthony Eden | ||||||||
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David Eccles | 13 January 1957 | 14 October 1959 | Conservative | Harold Macmillan | |||
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Reginald Maudling | 14 October 1959 | 9 October 1961 | Conservative | ||||
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Frederick Erroll | 9 October 1961 | 20 October 1963 | Conservative | ||||
President of the Board of Trade (1963–present)
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Notes
References
- ^ Olson, Alison G. "The Board of Trade and Colonial Virginia". Encyclopedia Virginia. Retrieved 9 March 2015.
- ^ Diver, Tony (6 September 2022). "Liz Truss Cabinet latest: Kwasi Kwarteng appointed as Chancellor and Suella Braverman becomes Home Secretary". The Telegraph. ISSN 0307-1235. Retrieved 6 September 2022.
- ^ Stuart, Graham. "Board of Trade: Membership". UK Parliament. Retrieved 11 March 2022.
- ^ "Board of Trade". UK Government. Retrieved 11 March 2022.
- ^ "Office-Holders in Modern Britain: Volume 3, Officials of the Boards of Trade 1660-1870". British History Online. Retrieved 11 March 2022.
- ^ "Officials of the Boards of Trade 1660-1870 - Council of trade and plantations 1696-1782". Office-Holders in Modern Britain. Vol. 3.
- ^ May, Callum (22 July 2016). "Minister Greg Clark was briefly given wrong job". BBC News. Retrieved 22 July 2016.
- ^ Tilbrook, Richard (15 July 2016). "Business Transacted and Orders Approved at the Privy Council Held by the Queen at Buckingham Palace on 15th July 2016" (PDF). Privy Council Office. Retrieved 22 July 2016.
- ^ Tilbrook, Richard (19 July 2016). "Business Transacted and Orders Approved at the Privy Council Held by the Queen at Buckingham Palace on 19th July 2016" (PDF). Privy Council Office. Retrieved 22 July 2016.
- ^ Cite error: The named reference
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