Department Of Trade And Industry England, The Department of Trade and Industry (DTI) was a United Kingdom government department formed on 19 October 1970. It was replaced with the creation of the Department for Business, Enterprise and Regulatory Reform and the Department for Innovation, Universities and Skills on 28 June 2007.
History
The department was first formed on 19 October 1970 with the merger of the Board of Trade and the Ministry of Technology, creating a new cabinet post of Secretary of State for Trade and Industry. The new department also took over the Department of Employment’s former responsibilities for monopolies and mergers. In January 1974, the department’s responsibilities for energy production were transferred to a newly created Department of Energy. On 5 March that year, following a Labour Party victory in the February 1974 general election, the department was split into theDepartment of Trade, the Department of Industry and the Department of Prices and Consumer Protection
Reformation
In 1983 the departments of Trade and Industry were reunited. The Department of Energy was re-merged back into the DTI in 1992, but various media-related functions transferred to the Department for National Heritage. Until it was succeeded in June 2007 the DTI continued to set the energy policy of the United Kingdom.
After the 2005 general election the DTI was renamed to the Department for Productivity, Energy and Industry, but the name reverted to Department of Trade and Industry less than a week later, after widespread derision, including some from the Confederation of British Industry