Secretary of State for Business and Trade

United Kingdom
Secretary of State for Business and Trade
Incumbent
Peter Kyle
since 5 September 2025
Department for Business and Trade
Style
Status
Member of
Reports toThe Prime Minister
AppointerThe Monarch (on the advice of the Prime Minister)
Formation
  • 20 October 1963: (as Secretary of State for Industry, Trade and Regional Development)
  • 7 February 2023: (as Secretary of State for Business and Trade)
First holderEdward Heath (as Secretary of State for Industry, Trade and Regional Development)
Salary£159,038 per annum (2022)
(including £86,584 MP salary)
WebsiteDepartment for Business and Trade

The secretary of state for business and trade (business secretary), is a secretary of state in the Government of the United Kingdom, with responsibility for the Department for Business and Trade. The incumbent is a member of the Cabinet of the United Kingdom.

The incumbent business secretary is Peter Kyle who was appointed by Keir Starmer on 5 September 2025. The secretary of state is shadowed by the shadow secretary of state for business and trade, currently Andrew Griffith since 2024.