Liz Truss takes over from David Gauke as UK’s Chief Secretary of the Treasury

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Liz Truss takes over from David Gauke as UK’s Chief Secretary of the Treasury

Liz Truss

Following the UK’s general election, which led to several government ministers losing their seats, former Justice Secretary Liz Truss, the MP for South West Norfolk, has taken the place of former Chief Secretary of the Treasury David Gauke.

Gauke, the MP for South West Hertfordshire, had been at the Treasury since 2010 in various roles. First, he served as the Exchequer Secretary from 2010 to 2014, then he was the Financial Secretary until 2016 when he was promoted to Chief Secretary. Gauke has now been moved on to the Department for Work and Pensions, taking over from Damian Green.

The position of Chief Secretary is second only to the Chancellor Philip Hammond. In his time at the Treasury, Gauke oversaw the reform of tax rates under George Osborne, in particular the lowering of corporation tax from 26% in 2010 to 19% today. Gauke had largely been a respected operator within the tax community.

Before joining Parliament, Truss worked for Shell as a commercial manager and later worked for Cable & Wireless as economics director qualifying as a management accountant. She also served as deputy director of Reform in 2008 and later founded the Free Enterprise Group in 2012.

Although the Treasury is higher up the food chain than the Department for Justice, the move from Secretary of State to Chief Secretary is effectively a demotion for Truss, who was widely criticised for her handling of the High Court ruling on Article 50. 

more across site & shared bottom lb ros

More from across our site

If the Reform leader becomes UK prime minister then he may follow the direction of the US in at least one significant way
Trump declared a new national emergency in issuing the order; in other news, Grant Thornton Germany is up for sale and the subject of interest from both its UK and US counterparts
The judgment, which saw Denmark's Supreme Court rely on OECD TP guidance, sets aside more than 15 years of consistent administrative practice, experts have told ITR
Belgium’s new coalition government has gone ahead with a new exit tax regime that could land it in the courts
Brazil’s government has not officially framed the bill as a countermeasure amid trade tensions with the US, but the move is being considered as part of Brazil’s strategic response, one expert tells ITR
Understanding India’s income tax landscape can help charities ensure compliance, optimise tax benefits, and enhance their impact, writes Raghav Bajaj of Khaitan & Co
Tax advisers in Brazil are rising above the country’s notoriously complex tax system to deliver high-quality advisory services, ITR’s exclusive in-house data reveals
ITR’s data has highlighted the US firm’s ambition to become America’s ‘premier’ tax player via a concerted partner recruitment strategy
Jaap Zwaan’s arrival continues a recent streak of A&M Tax investing in the region; in other news, the US and Japan struck a deal that significantly lowered tariff rates
In a world where international tax concepts rely on human activity, Leonard Wagenaar poses existential questions about the future of such ideas when AI is ever-present
Gift this article