• September 1, 2021

Former UK Chancellor Philip Hammond criticized for lobbying watchdog – POLITICO

LONDON – Former British Chancellor Philip Hammond was reprimanded by the Westminster lobbyists’ watchdog for contacting senior Treasury officials on behalf of his new employer, OakNorth, a London-based moneylender. In a letter published Wednesday, the Business Appointments Advisory Committee (ACOBA) said Hammond’s attempt to offer OakNorth services to Treasury officials, including non-profit as far as…

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David Cameron made $ 10 million with Greensill Capital, BBC reports – POLITICAL

LONDON – David Cameron made about $ 10 million from financial firm Greensill Capital before the company’s collapse, according to documents leaked to the BBC. The former British prime minister was to receive $ 4.5 million after taxes for a tranche of Greensill stock, according to a letter from the firm to Cameron. obtained by…

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Former British Foreign Minister Philip Hammond will advise the Saudi government – POLITICO

The UK parliament’s lobbying watchdog gave former Chancellor Philip Hammond the green light to take on an advisory role to the Saudi Arabian government. Less than two years after leaving the ministerial position, the The Business Appointments Advisory Committee (ACOBA) concluded Hammond’s offer to advise Riyadh on “tax reform” could go ahead despite considering “concerns”…

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