Former banker Javid handed Business brief

A FORMER investment banker has been named the new Secretary of State for Business.

Sajid Javid, who served as culture secretary in the coalition government, replaces ousted Liberal Democrat MP Vince Cable at the Department of Business Innovation and Skills.

MP for Bromsgrove since 2010, Javid previously worked for Deutsche Bank and Chase Manhattan in the City, while his experience in office include a spell as financial secretary to the Treasury.

The 46-year-old father of four was born in Rochdale an... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...