About the Group - Enterprise and Growth Unit
The Enterprise and Growth Unit (EGU) promotes sustainable economic growth and higher productivity for the UK. We provide analysis and advice on enterprise, innovation, private sector investment and a cost-effective transition to a low-carbon economy. The Enterprise and Growth Unit has a varied and exciting agenda, and we work closely with a wide variety of other teams across the Treasury.
We also work alongside other departments and government organisations to ensure that we are thinking creatively, spending wisely and acting boldly to deliver these goals. These organisations include:
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the Department for Business and Trade,
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the Department for Energy Security and Net Zero,
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The Department for Science, Innovation & Technology,
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the Department for Environment, Food & Rural Affairs,
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the Department for Transport,
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the Department for Culture, Media & Sport,
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the Competition and Markets Authority
About the Team
We have a range of exciting and varied Policy Adviser roles available in the Enterprise and Growth Unit and all offer excellent opportunities to work on high profile issues and policy areas. We expect to use the reserve list from this bulk recruitment to fill other similar roles that arise in future.
Specific roles and requirements remain subject to change, but we are looking to fill the following roles:
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1x Policy Adviser – Climate Spending Strategy
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1x Policy Adviser – Government Investments and Assets
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2x Policy Adviser – Special Situations
Addition details of specific roles are provided below.
1x Policy Adviser – Climate Spending Strategy
The Climate and Environment Team (CET) acts as the focal point for HM Treasury’s work on climate change, net zero and the natural environment. The team leads on embedding domestic climate risk, net zero and environmental policy considerations into the work of the department. We work with teams in tax, spending, economics, trade, fiscal, financial services, and financial stability to use the range of levers which Treasury controls to support the government in developing affordable and economically efficient plans to achieve its legal commitments under the Climate Change Act 2008 and Environment Act 2021.
We advance Treasury interests across some of the biggest policy opportunities and challenges facing the UK including climate mitigation and adaptation, decarbonising heat and buildings, water company regulation, waste sector reform, implementing England’s agricultural transition plan and reforming our domestic environment policy – including through new statutory targets for the recovery of the natural world. We also support international colleagues in their efforts to galvanise global action on climate and nature.
1x Policy Adviser – Government Investments and Assets
Government Investments and Assets (GINA) lead for HM Treasury on the government’s commercial asset portfolio, and work with HM Treasury spending teams and departmental shareholders to supervise and monitor some of government’s most complex assets, including public owned companies and arm’s length bodies. We have a stewardship role to ensure assets are on a sustainable financial footing, their risks are well managed, and they are delivering for government and the public. Examples of current and past projects including work on Non-Executive Director appointments, the Post Office, Channel 4 and the Energy Market Financing Scheme.
The team also provides shareholder sponsorship and accounting officer support for UK Government Investments (UKGI) and The Royal Mint, ensuring that they are aligned to Ministers’ objectives, capable, well governed and working effectively with HM Treasury.
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UKGI is the government’s centre of excellence for corporate governance and corporate finance. It performs the shareholder function on behalf of government departments for a £945 billion portfolio of assets, which employ over 115,000 people, generate approximately £17 billion of income.
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The Royal Mint manufactures and distributes coins across the UK and over 30 countries worldwide. HM Treasury is the sole shareholder, and we are supporting the business as it ventures into new areas like recycling of electronic waste for future metals production.
2x Policy Adviser – Special Situations & Companies and Sectors Analysis
The special situation team are the cross-government centre for high profile, sophisticated commercial casework. We triage, assess and design commercial interventions for companies and sectors which are strategically important to the UK economy and need support. We are responsible for policymaking around each intervention, including conditions for support related to climate change, tax transparency and corporate governance. We handle relationships with high-profile companies experiencing longer-term challenges for their UK business.
We are also responsible for HM Treasury policy making in response to cross-economy corporate shocks, for example Russia’s invasion of Ukraine and the consequent increase in business energy prices. This involves developing strategic policy options affecting the resilience of certain sectors. Recent examples include designing energy support schemes for UK businesses and a scheme to help maintain liquidity in the energy market and working with international colleagues to develop UK sanctions policy for Russia.
Key Accountabilities
These roles would be particularly suitable for candidates able to build positive relationships quickly, and who would enjoy a mixture of medium-term strategic work and work that requires quick and effective decision making. These roles involve working in a fast-paced policy environment and offer opportunities to work with senior officials across departments, including No.10.
Common responsibilities across these EGU roles include:
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Providing high quality advice to the Chancellor and other Treasury Ministers, senior Treasury officials, and supporting advice to Ministers across government.
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Building a strong network and collaborating with a diverse range of partners both within Treasury and in other government departments to deliver on the team’s and the Treasury’s objectives. This also includes working with the private sector and companies.
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Contributing to the team’s and the group’s wider objectives. We work in a fast-paced part of Treasury, and we sometimes need to work outside our core responsibilities to support policy development and implementation across a range of issues.
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Leading on correspondence, parliamentary questions, and Freedom of Information requests
These are varied and exciting roles that would suit experienced, pro-active candidates who are, self-motivated, able to adapt to changing priorities and work across multiple areas.