Downing Street is very keen to emphasise that the key theme of this reshuffle is ‘implementation’. It’s an exciting word, I know, but the excitement has just ratcheted up a notch with the creation of a new sub-committee called the Growth Implementation Committee.
The GIC will sit under the economic affairs committee and will be chaired by the Chancellor (who also chairs the economic affairs committee). His deputy chair will be Vince Cable, which the Business Secretary will probably not appreciate, except when the Chancellor is away and he is able to take over. It will also include some of the faces of the reshuffle: David Laws will be a member, as will Ken Clarke in his new roving economic brief in the Cabinet Office. Oliver Letwin and Danny Alexander are also confirmed members, while other ministers leading on key growth areas such as housing, infrastructure and deregulation are also expected to attend.
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