Question to the HM Treasury:

To ask Her Majesty's Government what plans they have to divide Her Majesty’s Treasury into (1) a department for economic and industrial policy, and (2) a ministry of finance; and if they have no such plans, whether they have any plans to change the structure of Her Majesty's Treasury.

There are no plans to divide the Treasury. The only significant structural change planned, as announced at the Budget, is the establishment of an economic campus in Darlington. The campus is expected to include at least 750 roles from across the Treasury, the Department for International Trade, the Department for Business, Energy and Industrial Strategy, the Ministry of Housing, Communities and Local Government and the Office for National Statistics.