On 7th of February 2023, the Prime Minister, with the approval of His Majesty The King, created 4 new departments. Three of these departments have been formed as a result of the separation of the former Department for Business, Energy and Industrial Strategy (BEIS):
A new Department for Energy Security and Net Zero, has been tasked with securing our long-term energy supply, bringing down bills and halving inflation. The move recognises the significant impact rising prices have had on households across the country as a result of Putin’s illegal war in Ukraine, and the need to secure more energy from domestic nuclear and renewable sources as we seize the opportunities of net zero.
A dedicated Department for Science, Innovation and Technology will drive the innovation that will deliver improved public services, create new and better-paid jobs and grow the economy.
A combined Department for Business and Trade will support growth by backing British businesses at home and abroad, promoting investment and championing free trade.
Source: UK Government.