revolving door | The Canary

Posts tagged with "revolving door"

The former Chancellor opens up a scandal at the heart of Westminster, weeks before the election

Former Chancellor George Osborne has opened up a scandal at the heart of Westminster, only weeks before the 2017 general election. In quitting as an MP, Osborne has paraded the ‘revolving door’ between parliament and lucrative finance and defence jobs. No longer will Osborne's financial activities be on public record. Using the...

Hinkley: where Tories' private bank balances are going nuclear

On 15 September, Prime Minister Theresa May officially gave the go-ahead for the controversial Hinkley Point C nuclear power station. After May put the project under review in July, there were rumours that it might be cancelled. But today's sudden announcement appears to have cemented the deal. But the move should come as little...

Ministers are selling “insider knowledge to the highest bidder” after their time at Westminster

Numerous ministers and civil servants are cashing in on their time in public office through lucrative post-parliament private sector jobs. Two-thirds of the 371 who applied to the Whitehall appointments watchdog grabbed private sector jobs in the same field they regulated, an investigation by the Daily Mail shows. Labour MP David...

Tories caught spending public money to hide ex-health secretary Andrew Lansley's secrets

Conservative ministers have paid thousands to try and prevent the public from knowing which lobbyists and private health care companies Andrew Lansley met when he was health secretary preparing to privatise the National Health Service. Lansley constructed The Health & Social Care Act 2012 which became law in April 2013. It has...

Alistair Darling becomes latest Blairite to benefit from banking's 'revolving door'

Former Chancellor of the Exchequer Alistair Darling has joined the American investment bank Morgan Stanley's board of directors. His appointment illustrates the 'revolving door' between parliament and lucrative boardroom jobs. It is not the first time a New Labour government official has moved to the investment bank. Darling's new...