BERR and its predecessor Departments have been responsible for company law issues since the 19th century. The name “Corporate Law and Governance Directorate” (CLG) was adopted in 2005 when responsibility for company investigations transferred to the Insolvency Service. Highlights of CLG work appear on the Department’s annual report (Sections 2.91-2.94)
http://www.berr.gov.uk/files/file47097.pdf
My hon. Friend the Parliamentary Under-Secretary of State currently has responsibility for company law issues in succession to my hon. Friend the Minister for Trade, Development and Consumer Affairs. The directorate also houses BERR’s Better Regulation Unit, which reports to the Minister for Communications, Technology and Broadcasting in succession to the Minister for Competitiveness and Small Business. In 2007-08 the running costs of the directorate were £2,198,000.