Browne and Lewis join the Treasury

Brownite Healy previously served at the Treasury as economic secretary – the minister responsible for overseeing the regulation and development of the financial services industry – so his appointment may come as no surprise given his previous experience. His arrival, however, means Stephen Timms is reshuffled back to the Department for Work and Pensions, where he previously spent six months, as minister for pensions, having twice previously held the post of financial secretary at the Treasury. Departure of Paul Boateng before the general election also leads to the arrival of Des Brown...