The much criticised Department of Trade and Industry (DTI) is to be rebranded with a new focus on enterprise and red tape reduction, new prime minister Gordon Brown revealed today.
In his first act as Labour party leader, Brown said the DTI is to be renamed the Department for Business, Enterprise and Regulatory Reform (DBERR) and headed up by former pensions secretary John Hutton.
Prime minister: Gordon Brown
Chancellor: Alistair Darling
Foreign secretary: David Miliband
Home secretary: Jacqui Smith
Justice: Jack Straw
Environment: Hilary Benn
Health: Alan Johnson
Business and enterprise: John Hutton
Innovation, universities and skills: John Denham
Defence and Scotland: Des Browne
International Development: Douglas Alexander
Transport: Ruth Kelly
Wales/Work and Pensions: Peter Hain
Communities: Hazel Blears
Olympics minister: Tessa Jowell
The new department, he detailed, will be responsible for making Britain "one of the best places in the world for science, research and innovation" and in charge of "development, funding and performance" of higher and further education.
As well as the announcing the creation of the DBERR, which will also have joint responsibility for trade with the Department for International Development and the Foreign Office, Brown said a new Business Council for Britain is to be established.
The group will be made up of senior business figures including Amstrad boss and star of The Apprentice Sir Alan Sugar who will report to ministers on the state of the UK's economic climate.
Richard Lambert, director general of the Confederation of British Industry, welcomed the changes. "This is an imaginative re-shaping of the structure of government," he said. "The new brief of the Department of Business and Enterprise will ensure that it is able to champion the competitiveness agenda in critical areas of policy including energy, employment and regulation."
Today's announcement is not the first time the DTI has been rebranded. It was renamed the Department for Productivity, Energy and Industry in 2005 but just seven days later minister reverted back to the DTI after strong protests from business groups. The whole process cost £30,000.