Skip to content
CityAM Canada
  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities
Saturday 18 July 2026 12:09 pm  |  Updated:  Saturday 18 July 2026 12:10 pm

‘Pro-business’ Burnham eyes Reynolds return to top business job

By: Saskia Koopman

Tech Reporter

Add as a preferred source on Google
Jonathan Reynolds addressing the SMMT's annual International Automotive Summit (image courtesy of SMMT)
business leaders believe Reynolds is likely to resume the role

Andy Burnham is planning to bring Jonathan Reynolds back as business secretary as the incoming prime minister moves to deliver on his pledge to lead a “pro-business” government.

Reynolds, who served as business secretary until last September before becoming chief whip, is expected to return to the department when Burnham unveils his cabinet this week, the Financial Times reported.

Several Labour figures and business leaders believe Reynolds is likely to resume the role, where he built strong relationships with employers and trade unions during his first spell in office.

The move comes after Burnham used his first speech as Labour leader to promise he would be “a pro-business leader” while pursuing his wider ambition to reindustrialise Britain.

“I will be a pro-business leader of the Labour Party as I was a pro-business mayor of Greater Manchester,” Burnham said on Friday.

Business department in line for overhaul

According to the FT, Burnham is also considering expanding the Department for Business and Trade by transferring responsibility for science from the Department for Science, Innovation and Technology.

Officials expect parts of DSIT could move into the business department, with other functions transferred to the Department for Culture, Media and Sport.

Read more

Sadiq Khan lobbies Burnham to appoint Miliband as Chancellor 

Sadiq Khan addressing media at a press conference in formal attire, discussing recent developments in London policies

One Labour figure said the enlarged department could eventually be rebranded as a “Ministry of Industry”, reflecting Burnham’s commitment to reindustrialisation.

The incoming prime minister has also discussed giving the department greater responsibility for business-facing energy policy, although people close to the talks said that option now appeared less likely.

But Matt Clifford, the government’s AI adviser, warned that another Whitehall reorganisation risked distracting officials from delivering policy, writing on X that moving science and technology teams would “waste time and energy”.

Reynolds has made little secret privately that he has not enjoyed his role as chief whip. Over the weekend, he also joked in a Times Radio interview that he had “no clue” what his job would be by Monday.

During his previous spell as business secretary, Reynolds led negotiations on trade agreements and oversaw emergency legislation to secure the future of British Steel’s blast furnaces.

Business groups are already pressing Burnham to match his rhetoric with policy. The CBI has urged the incoming government to focus on lowering energy costs, tackling skills shortages and simplifying the tax and regulatory system.

Rain Newton-Smith, the business group’s chief executive, said: “We want Andy Burnham and his team to succeed. ‘Manchesterism’ provides a coherent theory of growth… The challenge is execution.”

Read more

Burnham’s choice of Chancellor will define his premiership

Ed Miliband speaking at a podium during a press conference, addressing energy policy reforms and climate change initiatives.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

People & Organisations

  • andy burnham
  • British Steel
  • cabinet reshuffle
  • dcms
  • Department for Business and Trade
  • DSIT
  • jonathan reynolds
  • pro business
  • UK economy
  • UK Government

Trending Articles

  • FTSE 100 Live: Stocks to open flat as Burnham becomes PM; City awaits new Chancellor

  • Private equity firms eye valuation gap as City falls to takeovers

  • Ask the expert: Will paying for my daughter’s wedding reduce my IHT bill?

  • Coya Ibiza is bringing grown-up hedonism to Playa d’en Bossa

  • Victory wasted: The cautionary tale of Keir Starmer

More from CityAM

  • Sadiq Khan lobbies Burnham to appoint Miliband as Chancellor 

    Politics
    Sadiq Khan addressing media at a press conference in formal attire, discussing recent developments in London policies
  • Burnham’s choice of Chancellor will define his premiership

    Opinion
    Ed Miliband speaking at a podium during a press conference, addressing energy policy reforms and climate change initiatives.
  • Thames Water creditors expect Burnham talks despite legal contigency plans

    Politics
    Burnham cityscape at sunset with historic buildings and bustling streets, highlighting the vibrant urban landscape
  • Burnham: I’ll be a pro-business Prime Minister

    Politics
    Andy Burnham speaking at Labour leadership event, addressing the audience with confidence and engaging in political discou...
  • As it happened: How Starmer resigned and when Streeting backed Burnham

    Politics
    Keir Starmer appearing nervy during political event, wearing a suit and tie, addressing an audience with a concerned expre...
  • Burnham scraps digital ID scheme

    Politics
    Andy Burnham speaking at a public event, emphasizing local governance and policy changes, wearing a suit and gesturing pas...
  • Streeting backs Burnham as ‘King of the North’ calls for ‘orderly’ transfer of power

    Politics
    Andy Burnham Westminster
  • ‘No authority’: Starmer under pressure to quit after Burnham wins in Makerfield

    Politics
    Breaking news graphic with bold text on a vibrant background, emphasizing current events in the general news category

CityAM Canada — business, markets and opinion for Canadian readers.

Published by CityAM Publishing
3 Borden Street #301, Toronto, Ontario M5S 2M8, Canada
Contact us ›

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Newsroom
  • Contact

Legal

  • Editorial Policy
  • Corrections Policy
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies