{"id":399817,"date":"2025-09-05T11:15:11","date_gmt":"2025-09-05T11:15:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/399817\/"},"modified":"2025-09-05T11:15:11","modified_gmt":"2025-09-05T11:15:11","slug":"starmer-dealt-trade-blow-as-investment-minister-gustafsson-quits-money-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/399817\/","title":{"rendered":"Starmer dealt trade blow as investment minister Gustafsson quits | Money News"},"content":{"rendered":"

The investment minister appointed by Sir Keir Starmer less than a year ago is to quit her role, dealing a fresh blow to the government’s fledgling industrial strategy.<\/p>\n

Sky News can exclusively reveal that Baroness Gustafsson of Chesterton, the former boss of cybersecurity firm Darktrace, intends to relinquish her ministerial role after just 11 months.<\/p>\n

Sources said her departure could be announced in the coming days.<\/p>\n

Money blog: UK airport ranked worst for fourth year in a row<\/strong><\/a><\/p>\n

One added that her successor was in the process of being lined up and could be announced shortly, although their identity could not be learned on Friday morning.<\/p>\n

Baroness Gustafsson’s resignation as a minister is said to be the result of her challenging professional schedule clashing with the demands of raising a young family, according to a person close to her.<\/p>\n

Her departure from the ministerial ranks comes less than three months after Sir Keir Starmer’s government launched its long-term industrial strategy, including an enhanced role for the Office for Investment – the agency responsible for generating billions of pounds of inbound trade for the UK.<\/p>\n

At the time of her appointment last year, Baroness Gustafsson said: “It is a huge privilege to be appointed as the minister of investment, and I am excited to get started.<\/p>\n

“I have first-hand experience of building and scaling a business here in the UK, and I am thrilled to have the opportunity to share with the international investment community what I already know to be true: the UK is a great place to do business.”<\/p>\n

<\/p>\n

<\/a><\/p>\n

The Department for Business and Trade declined to comment.<\/p>\n

The Conservatives’ shadow business secretary, Andrew Griffith, said in response to Sky News’ revelation of Baroness Gustafsson’s decision to quit the government: “This is zero surprise.<\/p>\n

“Poppy has a decent claim for constructive dismissal given Labour’s attacks on wealth creators, higher taxes and exodus of international investors since day one.”<\/p>\n","protected":false},"excerpt":{"rendered":"The investment minister appointed by Sir Keir Starmer less than a year ago is to quit her role,…\n","protected":false},"author":2,"featured_media":399818,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[748,393,4884,12,1144,712,16,15,1764],"class_list":{"0":"post-399817","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-britain","9":"tag-england","10":"tag-great-britain","11":"tag-news","12":"tag-northern-ireland","13":"tag-scotland","14":"tag-uk","15":"tag-united-kingdom","16":"tag-wales"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115151406632681969","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/399817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=399817"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/399817\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/399818"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=399817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=399817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=399817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}