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Kelly promoted to financial secretary

Treasury economic secretary Ruth Kelly has moved up the ministerial ladder to become financial secretary, but she will retain responsibility for retail financial services.

Kelly is replacing Paul Boateng who is taking over for Andrew Smith who earlier today was promoted to Secretary of State for the Department of Work and Pensions.

Completing today&#39s cabinet reshuffle, it was announced earlier former DWP secretary of state Alistair Darling is to move over to the Department of Transport from the disgraced Stephen Byers who resigned yesterday.

Kelly has been promoted to a minister of state position, but her duties will remain the same.

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