Lucy Rigby KC MP

   Economic Secretary to the Treasury

Lucy Rigby MP was appointed Parliamentary Secretary (Economic Secretary to the Treasury) at HM Treasury on 6 September 2025.

She was previously Solicitor General between 2 December 2024 and 6 September 2025.

She was elected as the MP for Northampton North in July 2024.

Economic Secretary to the Treasury

The Economic Secretary to the Treasury (EST) is the City Minister and is responsible for:

Financial services policy, reform and regulation including:

Financial conduct, including relationship with the FCA

Financial stability, including relationship with the PRA

Competitiveness and growth of the financial services sector

Banking and consumer credit

Insurance and pensions markets

Financial inclusion and capability

Sustainable finance

Fintech and crypto assets, including Central Bank Digital Currency

International financial services including regulatory cooperation and financial services EU issues

Sponsorship of UKGI and State-owned financial assets, including NatWest shareholding

Cash and Payments including Royal Mint

Supporting the Chancellor on capital markets and listings

Women in Finance and supporting the Chancellor on the Women in the Economy agenda

Engagement with the Financial Services sector

Financial services tax, including bank levy, bank corporation tax surcharge, Insurance Premium Tax

Personal savings policy, including ISAs, savings tax and pensions tax policy

Debt and reserves management policy including green gilt, National Savings and Investment (NS&I) and Debt Management Office (DMO)

Financial sanctions and countering economic crime, money laundering and illicit finance, including the Office for Financial Sanctions Implementation (OFSI)

The Treasury’s interest in Overseas Territories and Crown Dependencies issues

Parliamentary deputy on economy issues