Department for Business and Trade in the context of "Board of Trade"

The British Academy for the Promotion of Historical, Philosophical and Philological Studies is the United Kingdom's national academy for the humanities and the social sciences.It was established in 1902 and received its royal charter in the same year. It is now a fellowship of more than 1,000 leading scholars spanning all disciplines across the humanities and social sciences and a funding body for research projects across the United Kingdom. The academy is a self-governing and independent registered charity, based at 10–11 Carlton House Terrace in London.

The British Academy is primarily funded with annual government grants. In 2022, £49.3m of its £51.7m of charitable income came from the Department for Business, Energy, and Industrial Strategy – in the same year it took in around £2.0m in trading income and £0.56m in other income. This funding is expected to continue under the new Department for Business and Trade.

The Department for Culture, Media and Sport (DCMS) is a ministerial department of the Government of the United Kingdom. It holds the responsibility for culture and sport, and some aspects of the media throughout the UK, such as broadcasting. Its main offices are at 100 Parliament Street, occupying part of the building known as Government Offices Great George Street.

It also has responsibility for the tourism, leisure and creative industries (some jointly with the Department for Business and Trade). The department was also responsible for the delivery of the 2012 Olympic Games and Paralympic Games.

The economy of England is the largest economy of the four countries of the United Kingdom. England's economy is one of the largest and most dynamic in the world, with an average GDP per capita of £37,852 in 2022.

His Majesty's Treasury, led by the Chancellor of the Exchequer, is responsible for developing and executing the government's public finance policy and economic policy. Government involvement is also primarily exercised by the Department for Business and Trade and Department for Science, Innovation and Technology. Regarded as a highly developed social market economy, it has adopted many free market principles, yet maintains an advanced social welfare infrastructure.

The secretary of state for business and trade (business secretary), is a secretary of state in the Government of the United Kingdom, with responsibility for the Department for Business and Trade. The incumbent is a member of the Cabinet of the United Kingdom.

The incumbent business secretary is Peter Kyle who was appointed by Keir Starmer on 5 September 2025.The secretary of state is shadowed by the shadow secretary of state for business and trade, currently Andrew Griffith since 2024.