Department for Business, Enterprise and Regulatory Reform
The Department of Trade and Industry has been replaced with the new Department for Business, Enterprise and Regulatory Reform (DBERR) and is headed by John Hutton, the first Secretary of State for Business, Enterprise and Regulatory Reform, who was previously Secretary of State for Work and Pensions.
The new Department incorporates functions from the former DTi with responsibilities including productivity, business relations, energy, competition and consumers along with the Better Regulation Executive.
The new department claims that it will:
- Promote the creation and growth of business and a strong enterprise economy
- Deliver free and fair markets with greater competition for businesses, consumers and employees
- Ensure the reliable supply and efficient use of clean, safe and competitively priced energy
- Ensure that all Government Departments and agencies deliver better regulation for the private, public and third sectors
- Manage a wide range of Government assets – including interests in public corporations