President
of the Board of Trade
Royal Coat of Arms of the United Kingdom (HM Government).svg
Royal Arms as used by His Majesty's Government
Kemi Badenoch MP as Minister for Equalities and Levelling Up Communities.jpg
Incumbent
Kemi Badenoch

since 6 September 2022
Board of Trade
StyleThe Right Honourable
(Formal prefix)
President of the Board of Trade
Member ofBritish Cabinet
Privy Council
Reports toThe Prime Minister
SeatWestminster, London
AppointerThe British Monarch
on advice of the Prime Minister
Term lengthNo fixed term

The president of the Board of Trade is head of the Board of Trade. This is a committee of the Privy Council of the United Kingdom, first established as a temporary committee of inquiry in the 17th century, that evolved gradually into a government department with a diverse range of functions.[1] The current holder is Kemi Badenoch,[2] who is concurrently the Secretary of State for International Trade.

History

The idea of a Board of Trade was first translated into action by Oliver Cromwell in 1655 when he appointed his son Richard Cromwell to head a body of Lords of the Privy Council, judges and merchants to consider measures to promote trade. Charles II established a Council of Trade on 7 November 1660 followed by a Council of Foreign Plantations on 1 December that year. The two were united on 16 September 1672 as the Board of Trade and Plantations.

After the Board was re-established in 1696, there were 15 (and later 16) members of the Board – the 7 (later 8) great officers of state, and 8 unofficial members, who did the majority of the work. The senior unofficial member of the board was the president of the board, commonly known as the first lord of trade. The board was abolished on 11 July 1782, but a Committee of the Privy Council was established on 5 March 1784 for the same purposes. On 23 August 1786 a new committee was set up, more strongly focused on commercial functions than the previous boards of trade. At first the president of the Board of Trade only occasionally sat in the Cabinet, but from the early 19th century it was usually a cabinet-level position.

In 2020, there was an unusual appointment of a deputy president to assist the president, but the holder remained only an adviser to the Board.[3] This appears to have been a one-off appointment, and this role no longer exists.[4] However, the president was previously assisted by the vice president.[5]

List of presidents of the Board of Trade

First Lord of Trade (1672–1782)

First Lord Took office Left office
Anthony Ashley-Cooper, 1st Earl of Shaftesbury.jpg
Anthony Ashley-Cooper, 1st Earl of Shaftesbury 16 September 1672 1676
Portrait of John Egerton 3rd Earl of Bridgewater.jpg
John Egerton, 3rd Earl of Bridgewater 16 December 1695 9 June 1699
Thomas Grey, 2nd Earl of Stamford.jpg
Thomas Grey, 2nd Earl of Stamford 9 June 1699 19 June 1702[6]
Weymouthlord.jpg
Thomas Thynne, 1st Viscount Weymouth 19 June 1702 1705
Thomas Grey, 2nd Earl of Stamford.jpg
Thomas Grey, 2nd Earl of Stamford 1705 12 June 1711
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Charles Finch, 4th Earl of Winchilsea 12 June 1711 15 September 1713
Francis North, 2nd Baron Guildford (1673-1729), circle of Thomas Murray (1663-1734).jpg
Francis North, 2nd Baron Guilford 15 September 1713 September 1714
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William Berkeley, 4th Baron Berkeley of Stratton September 1714 12 May 1715
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Henry Howard, 6th Earl of Suffolk 12 May 1715 31 January 1718
Robert Darcy, 3rd Earl of Holderness (1681-1721), by Charles d
Robert Darcy, 3rd Earl of Holderness 31 January 1718 11 May 1719
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Thomas Fane, 6th Earl of Westmorland 11 May 1719 May 1735
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Benjamin Mildmay, 1st Earl Fitzwalter May 1735 June 1737
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John Monson, 1st Baron Monson June 1737 1 November 1748
2ndEarlofHalifaxByJoshuaReynoldsNSArtGallery.jpg
George Montagu-Dunk, 2nd Earl of Halifax 1 November 1748 21 March 1761
1stLordSandys.jpg
Samuel Sandys, 1st Baron Sandys 21 March 1761 1 March 1763
CharlesTownshend.jpg
Charles Townshend 1 March 1763 20 April 1763
William Petty, 2nd Earl of Shelburne by JL Mosnier crop.jpg
William Petty, 2nd Earl of Shelburne 20 April 1763 9 September 1763
Marquess of Downshire.jpg
Wills Hill, Earl of Hillsborough 9 September 1763 20 July 1765
William Legge, 2nd Earl of Dartmouth.jpg
William Legge, 2nd Earl of Dartmouth 20 July 1765 16 August 1766
Marquess of Downshire.jpg
Wills Hill, Earl of Hillsborough 16 August 1766 December 1766
Thomas-gainsborough-portrait-of-robert-nugent-lord-clare-c-1759 a-l-10069972-8880731.jpg
Robert Nugent, Viscount Clare 19 January 1767 20 January 1768
Marquess of Downshire.jpg
Wills Hill, Earl of Hillsborough 20 January 1768 31 August 1772
William Legge, 2nd Earl of Dartmouth.jpg
William Legge, 2nd Earl of Dartmouth 31 August 1772 10 November 1775
George Germain, 1st Viscount Sackville.PNG
George Germain, 1st Viscount Sackville 10 November 1775 6 November 1779
Romney - Frederick Howard, Fifth Earl of Carlisle.jpg
Frederick Howard, 5th Earl of Carlisle 6 November 1779 9 December 1780
Thomas Robinson 2nd Baron.jpg
Thomas Robinson, 2nd Baron Grantham 9 December 1780 11 July 1782

President of the Committee on Trade and Foreign Plantations (1784–1786)

President of the Committee Took office Left office Political party Prime Minister
Viscount Sydney by Gilbert Stuart.jpg
Thomas Townshend, 1st Viscount Sydney 5 March 1784 23 August 1786 Whig William Pitt the Younger

President of the Board of Trade (1786–1900)

President of the Board Took office Left office Political party Prime Minister
Charles Jenkinson, 1st Earl of Liverpool by George Romney.jpg
Charles Jenkinson, 1st Earl of Liverpool 23 August 1786 7 June 1804 Tory William Pitt the Younger
Henry Addington
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James Graham, 3rd Duke of Montrose 7 June 1804 5 February 1806 Tory William Pitt the Younger
William Eden 1. baron Auckland.jpg
William Eden, 1st Baron Auckland 5 February 1806
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31 March 1807 William Grenville, 1st Baron Grenville
(Ministry of All the Talents)
Henry Bathurst, 3rd Earl Bathurst by William Salter.jpg
Henry Bathurst, 3rd Earl Bathurst 31 March 1807 29 September 1812 Tory William Cavendish-Bentinck, 3rd Duke of Portland
Spencer Perceval
Robert Jenkinson, 2nd Earl of Liverpool
Richard Le Poer Trench, 2nd Earl of Clancarty by Joseph Paelinck.jpg
Richard Trench, 2nd Earl of Clancarty 29 September 1812 24 January 1818 Tory
Frederick John Robinson, 1st Earl of Ripon by Sir Thomas Lawrence cropped.jpg
F. J. Robinson 24 January 1818 21 February 1823 Tory
William Huskisson by Richard Rothwell.jpg
William Huskisson 21 February 1823 4 September 1827 Tory
George Canning
Lord-glenelg.jpg
Charles Grant 4 September 1827 11 June 1828 Tory F. J. Robinson, 1st Viscount Goderich
Arthur Wellesley, 1st Duke of Wellington
Blank.png
William Vesey-FitzGerald 11 June 1828 2 February 1830 Tory
John Charles Herries.jpg
John Charles Herries 2 February 1830 22 November 1830 Tory
George Eden, 1st Earl of Auckland.png
George Eden, Lord Auckland 22 November 1830 5 June 1834 Whig Charles Grey, 2nd Earl Grey
William Lamb, 2nd Viscount Melbourne
Lord Sydenham.jpg
Charles Poulett Thomson 5 June 1834 14 November 1834 Whig
AlexanderBaring.jpg
Alexander Baring 15 December 1834 8 April 1835 Tory Arthur Wellesley, 1st Duke of Wellington
Robert Peel
Lord Sydenham.jpg
Charles Poulett Thomson 8 April 1835 29 August 1839 Whig William Lamb, 2nd Viscount Melbourne
Portrait of Henry Labouchere, Baron Taunton by Charles Baugniet.jpg
Henry Labouchere 29 August 1839 30 August 1841 Whig
Frederick John Robinson, 1st Earl of Ripon by Sir Thomas Lawrence cropped.jpg
F. J. Robinson, Earl of Ripon 3 September 1841 15 May 1843 Conservative Robert Peel
William Gladstone by Mayall, 1861.jpg
William Ewart Gladstone 15 May 1843 5 February 1845 Conservative
Dalhousie.jpg
James Broun-Ramsay, Earl of Dalhousie 5 February 1845 27 June 1846 Conservative
4thEarlOfClarendon.jpg
George Villiers, 4th Earl of Clarendon 6 July 1846 22 July 1847 Whig John Russell, John Russell
Portrait of Henry Labouchere, Baron Taunton by Charles Baugniet.jpg
Henry Labouchere 22 July 1847 21 February 1852 Whig
Joseph Warner Henley.jpg
J. W. Henley 27 February 1852 17 December 1852 Conservative Edward Smith-Stanley, 14th Earl of Derby
1stViscountCardwell.jpg
Edward Cardwell 28 December 1852 31 March 1855 Peelite George Hamilton-Gordon, 4th Earl of Aberdeen
(Coalition)
Stanley of Adderley2.JPG
Edward Stanley, 2nd Baron Stanley of Alderley 31 March 1855 21 February 1858 Whig Henry John Temple, 3rd Viscount Palmerston
Joseph Warner Henley.jpg
J. W. Henley 26 February 1858 3 March 1859 Conservative Edward Smith-Stanley, 14th Earl of Derby
Blank.png
Richard Hely-Hutchinson, 4th Earl of Donoughmore 3 March 1859 11 June 1859 Conservative
Thomas Milner Gibson.JPG
Thomas Milner Gibson 6 July 1859 26 June 1866 Liberal Henry John Temple, 3rd Viscount Palmerston
John Russell, 1st Earl Russell
Stafford Northcote, 1st Earl of Iddesleigh.jpg
Stafford Northcote, 1st Earl of Iddesleigh 6 July 1866 8 March 1867 Conservative Edward Smith-Stanley, 14th Earl of Derby
Charles Henry Gordon-Lennox, 6th Duke of Richmond, 6th Duke of Lennox, and 1st Duke of Gordon.jpg
Charles Gordon-Lennox, 6th Duke of Richmond 8 March 1867 1 December 1868 Conservative
Benjamin Disraeli
John Bright.jpg
John Bright 9 December 1868 14 January 1871 Liberal William Ewart Gladstone
1st Baron Carlingford.jpg
Chichester Parkinson-Fortescue 14 January 1871 17 February 1874 Liberal
Charles Bowyer Adderley, Lord Norton.jpg
Charles Adderley, 1st Baron Norton 21 February 1874 4 April 1878 Conservative Benjamin Disraeli
DFS Ryder 3rd Earl of Harrowby, Lock & Whitfield.jpg
Viscount Sandon 4 April 1878 21 April 1880 Conservative
Joseph Chamberlain in colour.jpg
Joseph Chamberlain 3 May 1880 9 June 1885 Liberal William Ewart Gladstone
Charles Henry Gordon-Lennox, 6th Duke of Richmond, 6th Duke of Lennox, and 1st Duke of Gordon.jpg
Charles Gordon-Lennox, 6th Duke of Richmond 24 June 1885 19 August 1885 Conservative Robert Gascoyne-Cecil, 3rd Marquess of Salisbury
Edward Stanhope.jpg
Edward Stanhope 19 August 1885 28 January 1886 Conservative
Anthony Mundella.JPG
A. J. Mundella 17 February 1886 20 July 1886 Liberal William Ewart Gladstone
Frederick Arthur Stanley.jpg
Frederick Stanley, Lord Stanley of Preston 3 August 1886 21 February 1888 Conservative Robert Gascoyne-Cecil, 3rd Marquess of Salisbury
St Aldwyn Michael Edward Hicks-Beach (1st Earl).jpg
Michael Hicks Beach, 1st Earl St Aldwyn 21 February 1888 11 August 1892 Conservative
Anthony Mundella.JPG
A. J. Mundella 18 August 1892 28 May 1894 Liberal William Ewart Gladstone
1st Viscount Bryce 1902b.jpg
James Bryce 28 May 1894 21 June 1895 Liberal Archibald Primrose, 5th Earl of Rosebery
Charles Thomson Ritchie headshot.jpg
Charles Ritchie 29 June 1895 7 November 1900 Conservative Robert Gascoyne-Cecil, 3rd Marquess of Salisbury

President of the Board of Trade (1900–1963)

President of the Board Took office Left office Political party Prime Minister
GeraldBalfour.jpg
Gerald Balfour 7 November 1900 12 March 1905 Conservative Robert Gascoyne-Cecil, 3rd Marquess of Salisbury
Arthur Balfour
James Gascoyne-Cecil, 4th Marquess of Salisbury.jpg
James Gascoyne-Cecil, 4th Marquess of Salisbury 12 March 1905 4 December 1905 Conservative
David Lloyd George 1902.jpg
David Lloyd George 10 December 1905 12 April 1908 Liberal Henry Campbell-Bannerman
Churchill 1904 Q 42037.jpg
Winston Churchill 12 April 1908 14 February 1910 Liberal H. H. Asquith
Sydney Buxton, 1st Earl Buxton.jpg
Sydney Buxton 14 February 1910 11 February 1914 Liberal
John Burns.jpg
John Burns 11 February 1914 5 August 1914 Liberal
Portrait of Walter Runciman, 1st Viscount Runciman of Doxford.jpg
Walter Runciman 5 August 1914 5 December 1916 Liberal
Lord Stanley by Hugh Cecil.jpg
Albert Stanley, 1st Baron Ashfield 10 December 1916 26 May 1919 Conservative David Lloyd George
(Coalition)
Auckland Geddes.png
Auckland Geddes, 1st Baron Geddes 26 May 1919 19 March 1920 Conservative
Robert Horne cropped.jpg
Robert Horne, 1st Viscount Horne of Slamannan 19 March 1920 1 April 1921 Conservative
Stanley Baldwin ggbain.35233.jpg
Stanley Baldwin 1 April 1921 19 October 1922 Conservative
Lord Swinton.jpg
Philip Cunliffe-Lister, 1st Earl of Swinton 24 October 1922 22 January 1924 Conservative Bonar Law
Stanley Baldwin
Sidney Webb.jpg
Sidney Webb 22 January 1924 3 November 1924 Labour Ramsay MacDonald
Lord Swinton.jpg
Philip Cunliffe-Lister, 1st Earl of Swinton 6 November 1924 4 June 1929 Conservative Stanley Baldwin
Willie Graham.jpg
William Graham 7 June 1929 24 August 1931 Labour Ramsay MacDonald
Lord Swinton.jpg
Philip Cunliffe-Lister, 1st Earl of Swinton 25 August 1931 5 November 1931 Conservative Ramsay MacDonald
(1st National Min.)
Portrait of Walter Runciman, 1st Viscount Runciman of Doxford.jpg
Walter Runciman 5 November 1931 28 May 1937 Liberal National Ramsay MacDonald
(2nd National Min.)
Stanley Baldwin
(3rd National Min.)
Blank.png
Oliver Stanley 28 May 1937 5 January 1940 Conservative Neville Chamberlain
(4th National Min.;
War Coalition)
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Andrew Rae Duncan 5 January 1940 3 October 1940 No party
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Oliver Lyttelton 3 October 1940 29 June 1941 Conservative Winston Churchill
(War Coalition)
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Andrew Rae Duncan 29 June 1941 4 February 1942 No party
The Home Front in Britain during the Second World War- Personalities TR41.jpg
John Jestyn Llewellin 4 February 1942 22 February 1942 Conservative
Hugh Dalton HU 059487 crop.jpg
Hugh Dalton 22 February 1942 23 May 1945 Labour
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Oliver Lyttelton 25 May 1945 26 July 1945 Conservative Winston Churchill
(Caretaker Min.)
Stafford Cripps 1947.jpg
Stafford Cripps 27 July 1945 29 September 1947 Labour Clement Attlee
Harold Wilson (1967).jpg
Harold Wilson 29 September 1947 23 April 1951 Labour
Hartley William Shawcross, Baron Shawcross (cropped).png
Hartley Shawcross 24 April 1951 26 October 1951 Labour
Peter Thorneycroft cropped.png
Peter Thorneycroft 30 October 1951 13 January 1957 Conservative Winston Churchill
Anthony Eden
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David Eccles, 1st Viscount Eccles 13 January 1957 14 October 1959 Conservative Harold Macmillan
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Reginald Maudling 14 October 1959 9 October 1961 Conservative
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Frederick Erroll 9 October 1961 20 October 1963 Conservative

President of the Board of Trade (1963–present)

President of the Board Took office Left office Political party Prime Minister
President of the Board of Trade &
Secretary of State for Industry, Trade and Regional Development
Conservative Alec Douglas-Home
Sir Edward Heath.jpg
Edward Heath 20 October 1963 16 October 1964
President of the Board of Trade Labour Harold Wilson
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Douglas Jay 18 October 1964 29 August 1967
Charles-Anthony-Raven-Crosland (cropped).jpg
Anthony Crosland 29 August 1967 6 October 1969
Blank.png
Roy Mason 6 October 1969 19 June 1970
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Michael Noble 20 June 1970 15 October 1970 Conservative Edward Heath
President of the Board of Trade &
Secretary of State for Trade and Industry
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John Davies 15 October 1970 5 November 1972
Blank.png
Peter Walker 5 November 1972 4 March 1974
President of the Board of Trade &
Secretary of State for Trade
Labour Harold Wilson
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Peter Shore 5 March 1974 8 April 1976
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Edmund Dell 8 April 1976 11 November 1978 Labour James Callaghan
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John Smith 11 November 1978 4 May 1979
John Nott.jpg
John Nott 5 May 1979 5 January 1981 Conservative Margaret Thatcher
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John Biffen 5 January 1981 6 April 1982
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Arthur Cockfield, Baron Cockfield 6 April 1982 12 June 1983
President of the Board of Trade &
Secretary of State for Trade and Industry
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Cecil Parkinson 12 June 1983 11 October 1983
Official portrait of Lord Tebbit 2020 crop 2.jpg
Norman Tebbit 16 October 1983 2 September 1985
Leon Brittan (1996) 02.jpg
Leon Brittan 2 September 1985 22 January 1986
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Paul Channon 24 January 1986 13 June 1987
Lord young of Graffham.jpg
David Young, Baron Young of Graffham 13 June 1987 24 July 1989
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Nicholas Ridley 24 July 1989 13 July 1990
Official portrait of Lord Lilley crop 2.jpg
Peter Lilley 14 July 1990 10 April 1992
Conservative John Major
Lord Heseltine (6969083278).jpg
Michael Heseltine 10 April 1992 5 July 1995
Official portrait of Lord Lang of Monkton 2020 crop 2.jpg
Ian Lang 5 July 1995 2 May 1997
Official portrait of Rt Hon Margaret Beckett MP crop 2.jpg
Margaret Beckett 2 May 1997 27 July 1998 Labour Tony Blair
Peter Mandelson at Politics of Climate Change 3.jpg
Peter Mandelson 27 July 1998 23 December 1998
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Stephen Byers 23 December 1998 8 June 2001
Patricia Hewitt.jpg
Patricia Hewitt 8 June 2001 6 May 2005
Alan Johnson MP.jpg
Alan Johnson 6 May 2005 5 May 2006
AlistairDarlingABr cropped.jpg
Alistair Darling 5 May 2006 28 June 2007
President of the Board of Trade &
Secretary of State for Business, Enterprise and Regulatory Reform
Labour Gordon Brown
Msc 2009-Sunday, 11.00 - 12.30 Uhr-Zwez 005 Hutton detail.jpg
John Hutton 28 June 2007 3 October 2008
Peter Mandelson at Politics of Climate Change 3.jpg
Peter Mandelson 3 October 2008 5 June 2009
President of the Board of Trade &
Secretary of State for Business, Innovation and Skills
Peter Mandelson at Politics of Climate Change 3.jpg
Peter Mandelson 5 June 2009 12 May 2010
Vince Cable closeup.jpg
Vince Cable 12 May 2010 8 May 2015 Liberal Democrats David Cameron
(Coalition)
Official portrait of Rt Hon Sajid Javid MP crop 2.jpg
Sajid Javid 11 May 2015 15 July 2016 Conservative David Cameron
(II)
President of the Board of Trade &
Secretary of State for Business, Energy and Industrial Strategy
Conservative Theresa May
Official portrait of Rt Hon Greg Clark MP crop 2.jpg
Greg Clark[α] 15 July 2016 19 July 2016
President of the Board of Trade &
Secretary of State for International Trade
Official portrait of Dr Liam Fox crop 2.jpg
Liam Fox 19 July 2016 24 July 2019[10]
Official portrait of Elizabeth Truss crop 2.jpg
Liz Truss 24 July 2019 15 September 2021 Conservative Boris Johnson
Official portrait of Mrs Anne-Marie Trevelyan crop 2.jpg
Anne-Marie Trevelyan 15 September 2021 6 September 2022
Kemi Badenoch official Cabinet Portrait; 2022 (cropped).jpg
Kemi Badenoch 6 September 2022 Incumbent Conservative Liz Truss
Rishi Sunak

Notes

  1. ^ Appointed by the Privy Council in error, and held the post for four days before the mistake was rectified.[7][8][9]

References

  1. ^ Olson, Alison G. "The Board of Trade and Colonial Virginia". Encyclopedia Virginia. Retrieved 9 March 2015.
  2. ^ Diver, Tony (6 September 2022). "Liz Truss Cabinet latest: Kwasi Kwarteng appointed as Chancellor and Suella Braverman becomes Home Secretary". The Telegraph. ISSN 0307-1235. Retrieved 6 September 2022.
  3. ^ Stuart, Graham. "Board of Trade: Membership". UK Parliament. Retrieved 11 March 2022.
  4. ^ "Board of Trade". UK Government. Retrieved 11 March 2022.
  5. ^ "Office-Holders in Modern Britain: Volume 3, Officials of the Boards of Trade 1660-1870". British History Online. Retrieved 11 March 2022.
  6. ^ Office-Holders in Modern Britain: Volume 3, Officials of the Boards of Trade 1660-1870 - Council of trade and plantations 1696-1782
  7. ^ May, Callum (22 July 2016). "Minister Greg Clark was briefly given wrong job". BBC News. Retrieved 22 July 2016.
  8. ^ Tilbrook, Richard (15 July 2016). "Business Transacted and Orders Approved at the Privy Council Held by the Queen at Buckingham Palace on 15th July 2016" (PDF). Privy Council Office. Retrieved 22 July 2016.
  9. ^ Tilbrook, Richard (19 July 2016). "Business Transacted and Orders Approved at the Privy Council Held by the Queen at Buckingham Palace on 19th July 2016" (PDF). Privy Council Office. Retrieved 22 July 2016.
  10. ^ Liam Fox [@LiamFox] (24 July 2019). "Sadly, I will be leaving the Government. It has been a privilege to have served as Secretary of State for International Trade these past 3 years" (Tweet) – via Twitter.