The smallest of mini-reshuffles announced at PMQs, with BT chief executive Ian Livingston replacing Stephen Green in December. Livingston will be trading his £9.1 million pay package, chauffeur rides to work and holidays to Martha’s Vineyard for a seat in the House of Lords. He is hated by the Communication Workers Union, though one detail will please the Tory backbenches in particular:

New trade minister Ian Livingstone, just announced by Cam at #PMQs, is strong Eurosceptic, I am told

— Patrick Hennessy (@PatJHennessy) June 19, 2013

According to the This is Money back in 2008:

“His commute now is by chauffeur-driven car. He is picked up at 6am for delivery to BT’s HQ near St Paul’s at 6.40am. He eschews the business lunch and tries to avoid all but the most important of evening engagements. He will do business breakfasts ‘so long as they start promptly at 7.30am'”

He’s in for a surprise moving to the public sector…