Labour MP Liam Byrne, photographed at his Constituancy office in Birmingham. Labour MP Liam Byrne has written a new book called "The Inequality of Wealth: Why it Matters and How to Fix it" In his new book, former Treasury Minister Liam Byrne explains why wealth inequality has grown so fast in recent years; warns how it threatens our society, economy and politics; shows where economics has got it wrong – and lays out a path back to common sense, with five practical ways to rebuild an old ideal: the wealth-owning democracy. Liam Byrne is a British politician serving as the Member of Parliament for Birmingham Hodge Hill since 2004. A member of the Labour Party, he served in Prime Minister Gordon Brown’s Cabinet from 2008 to 2010.
Byrne served in the Home Office under Prime Minister Tony Blair as Minister for Police and Counter-terrorism (2006) and Minister for Borders and Immigration (2006–08). He served in Prime Minister Gordon Brown’s Cabinet as Minister for the Cabinet Office and Chancellor of the Duchy of Lancaster from 2008 to 2009. He deputised for Chancellor Alistair Darling at HM Treasury as Chief Secretary to the Treasury from 2009 to 2010. Upon his departure as Chief Secretary to the Treasury, he notoriously left a note for his successor which read "I'm afraid there is no money".
In Opposition, he attended Ed Miliband's Shadow Cabinet as Shadow Chief Secretary to the Treasury (2010), then Shadow Minister for the Cabinet Office (2010–11) and Shadow Secretary of State for Work and Pensions (2011–13). Following his demotion in 2013, Byrne continued to serve in junior Shadow Ministerial roles under Miliband and later Jeremy Corbyn.
Byrne was the Labour candidate for Mayor of the West Midlands in 2021, losing to the Conservative incumbent Andy Street. He is now the chair of the Commons Business and Trade Select Committee
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