Business and Trade Select Committee

The committee's chair until the 2017 general election was Iain Wright, elected on 18 June 2015. The other members of the committee were formally appointed on 8 July 2015.[2] On 12 July 2017, Rachel Reeves was elected chair of the committee until her elevation to the Shadow Cabinet, when Darren Jones was elected her successor.[3] Following the promotion of Jones to the Shadow Cabinet, Liam Byrne was elected chair.

As of October 2023, the membership is as follows:[4][5][6][7]

The chair was elected on 12 July 2017, with the members of the committee being announced on 11 September 2017.[8][9]

Occasionally, the House of Commons ordered changes to be made in terms of membership of the select committee, as proposed by the Committee of Selection. Such changes are shown below.

In July 2022, the committee published its report "Energy pricing and the future of the energy market" which examined the turmoil in retail energy arising from unusually high wholesale gas prices, leading to the collapse of several suppliers and the need for government support of Bulb Energy. The committee found that the industry regulator Ofgem had been incompetent in its supervision of the finances of supplier companies, and that the government overlooked this lack of supervision because it prioritised competition over market regulation. The report also criticised Ofgem's design of the energy price cap, recommending that the government consider introducing a social tariff; stated that the government's May 2022 support package for customers was no longer sufficient; and criticised the absence of a home insulation programme.[10][11]

In response, Ofgem accepted that its previous financial resilience regime was not sufficiently robust, and had contributed to some of the supplier failures since August 2021.[12]

• Records for the Business, Innovation and Skills Committee (2009-2016) are held at the Parliamentary Archives
• Official website