Mel Stride, Financial Secretary to the Treasury

Mel Stride, Financial Secretary to the Treasury

Stride was appointed Financial Secretary in June 2017, and will have significant impact on taxes, public spending, and our economy in 2018

Bio

Stride was born in Ealing, London in 1961. He attended Portsmouth Grammar school and then Oxford University, where he was President of the Oxford Union.

Stride’s political career began when he was elected Conservative MP for Central Devon in 2010. He then went on to the role of Parliamentary Private Secretary to Minister of State for Further Education, Skills, and Lifelong Learning, who was John Hayes at the time.

Following this, he served as an Assistant Government Whip from July 2014 to May 2015, and then Government Whip (Lord Commissioner of HM Treasury) between May 2015 and July 2016.

Stride was appointed Financial Secretary to the Treasury on 12 June 2017 and Paymaster General on 13 June 2017.

Why did he make the power list?

Stride is 5th on our Financial Power List 2018. His powers and responsibilities as Financial Secretary span HMRC, tax, and duties and customs policy, as well as women in the economy and public spending issues.

In the past, Stride has heavily supported investment into R&D, skills, business, and productivity in the economy. He also champions education as the path to social mobility and a way to combat poverty.

Around the time Stride was appointed Financial Secretary, he spoke in the chamber about addressing school standards, a banking reform, and National Insurance Contributions. We are looking forward to seeing what changes and improvements he makes as a result of this in the year ahead.

HM Treasury

The Treasury is government’s economic and financial ministry, which maintains control over public spending and sets the direction of the UK economic policy. It strives to achieve strong and sustainable economic growth.

Its objectives are placing the public finances on a sustainable footing, ensuring stability of the macro-economic environment and financial system for balanced growth, and increasing employment and productivity.

 

Check out who else make the top five on our power list this year. You can also view the rankings from 2016 and 2017.

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