Ian Livingston to leave BT to become trade minister

BT chief executive Ian Livingston is to step down in September to become a UK government trade minister.

David Cameron announced the move at Prime Minister's Questions, saying Mr Livingston would succeed Lord Green - the former HSBC chairman - who will stand down at the end of the year.

Mr Livingston has been BT chief executive for the past five years.

Mr Cameron said: "I believe he will bring huge talent to a vital national effort."

PMQs review with Nick Robinson and MPs