The strategy board is part of a radical restructuring, the biggest since 1983, unveiled today by trade secretary Patricia Hewitt.
The board will be made up of seven people chaired by secretary of state Stephen Byers, and will be given an ‘unprecedented’ role in Whitehall.
Hewitt told the Financial Times the DTI had suffered from a ‘lack of focus, for the customer, too many schemes and inadequate leadership by the department across Whitehall.’
She added she wanted to turn the DTI into a ‘flagship’ ministry in boosting enterprise and productivity.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements