Yes minister, this week it's your turn to be Business Secretary
Evening Standard|February 09, 2023
EIGHT and a half months is roughly the life expectancy of a beetle or some longer-lived butterflies.
Daniel O'Boyle
Yes minister, this week it's your turn to be Business Secretary

It's also the average term of the last five Business Secretaries.

Andrea Leadsom was in the role for just six-and-a-half months before being removed in Boris Johnson's February 2020 reshuffle. Alok Sharma's run was just under a year before he left to be president of COP26.

Kwasi Kwarteng was a relative stalwart with 20 months in the post. When he was promoted to Chancellor, Jacob Rees-Mogg became Business Secretary. Both were gone within 50 days as the mini-Budget fiasco toppled the Truss government.

Grant Shapps then enjoyed a three-and-a-half month tenure before Rishi Sunak's decision this week to merge the business and trade department. That brings to Kemi Badenoch: the sixth Business Secretary in three years.

Does it matter for business that nobody can hold down such a key position for long?

"It isn't a positive thing," says Roger Barker, director of policy and corporate governance at the Institute of Directors. "Business really needs long-term thinking. It is in need of a long-term strategic approach that extends beyond the political and electoral cycle."

For some sectors - particularly those heavily involved in industrial production like automotives - a change in who is in charge of the UK industrial strategy can mean concrete policy changes.

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