Northern Powerhouse peer quits Treasury and Tory benches

Lord O'Neill of Gatley, the Commercial Secretary to the Treasury, has resigned from the Government.
Lord O'Neill of Gatley.Lord O'Neill of Gatley.
Lord O'Neill of Gatley.

The former Goldman Sachs chief economist, who also chaired the review into antimicrobial resistance and has just returned from the UN where delegates signed a landmark declaration to tackle the threat, is standing down as Commercial Secretary to the Treasury and quitting the Tory benches in the Lords.

In his resignation letter to the Prime Minister, Lord O’Neill of Gatley said is looking forward “to moving to the cross benches of the Lords”.