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Thirty-eight MPs have taken on second jobs where the ultimate party paying them is unclear, according to Sky News’ analysis of the MPs’ Register of Financial Interests.

The jobs mainly involve MPs being paid through a broker – a consultancy business, a communications firm, or a speakers’ bureau – while not declaring the clients they are working for.

It casts doubt on the systems which are supposed to ensure transparency around MPs’ earnings.

The analysis was conducted as part of the Westminster Accounts – a Sky News and Tortoise Media project that aims to shine a light on money in UK politics.

But this light has made the remaining shadows all the more stark.

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Ex-cabinet minister Sir John Whittingdale provides one of the clearest examples of these cases, but two current ministers – Andrew Mitchell and Johnny Mercer – also appear to fall into this category. Some MPs told Sky News they had signed contracts restricting them from being transparent about the clients they’d worked with.

It begs the question of who is really influencing UK politicians, with Transparency International saying the findings could suggest there’s a “culture of opacity” among some MPs.

MPs are supposed to give details about their non-parliamentary earnings in the Register of Members’ Financial Interests.

On the face of it, that is what Sir John has done.

He’s a former culture secretary and a long-serving MP with a wealth of political experience. He’s been offering his insight, as MPs are entitled to do, via a company called AlphaSights, which connects experts like him with its clients.

But it remains unknown who the clients Sir John spoke to are.

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He’s reported in his public filings that he’s received more than £10,500 from AlphaSights to tap into his expertise across 17 different engagements.

He was quizzed earlier this year on two of these dealings by the Advisory Committee on Business Appointments (ACOBA), the watchdog overseeing ex-ministers’ jobs, after he failed to seek approval for this work from the committee.

He was deemed not to have broken any rules, however, as he told the chair of ACOBA that he had no long-term relationship with AlphaSights and they were separate “one-off” speeches he delivered. Prior approval is not necessary for one-off speeches.

However, this seems hard to reconcile with the fact that Sir John has had 15 other engagements with AlphaSights since 2017, as the Westminster Accounts help reveal. And an ex-AlphaSights employee has told Sky News that rather than “speeches”, the work typically involves attending a meeting or having a call with two or three people from the client company.

These clients, who pay a fee for the privilege, are usually investment firms and consultancies looking for insight from experts to help make business decisions.

Sir John did not respond to questions from Sky News regarding who these clients were.

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It is a clear example where the companies paying to contract an MP’s services, and the company reported publicly in the Register of Interests – AlphaSights in this case – differ.

Sir John’s case is just one of many where these questions apply.

Defence minister Mr Mercer, for example, declared payments of £3,600 and £1,110 in 2021 for two speaking engagements from Chartwell Speakers, a speaker agency.

No details are given in the register as to who the clients acting through the agency were, as MPs are usually expected to report in these instances.

Beyond speeches and individual engagements, there is a wider group of 11 MPs who are on the books of communications or political consultancies who often don’t give details about the clients they work with.

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MPs’ second jobs – what are the rules?

International development minister Mr Mitchell, for example, had been working as an advisor to Montrose Associates until last October, when he returned to government as a minister.

Montrose Associates is a strategic consultancy which, according to its website, draws on “access to privileged networks of decision-makers” when advising its clients.

Mr Mitchell received more than £340,000 for around 75 days of work since taking up the role in 2013. Exactly which clients he worked with and what he did cannot be known from the cursory description of his work given in the Register of Interests.

This lack of transparency creates particular problems for holding ex-ministers to account. They often undertake new roles on the condition they refrain from lobbying government on behalf of clients of their employers.

Tracey Crouch, another former minister, received approval from ACOBA to become a senior advisor to communications firm The Playbook between February 2018 and March 2020. Her role was to advise some of The Playbook’s clients in the technology and energy sector.

But who these clients were has not been reported in the public record. This was despite ACOBA advising Ms Crouch she couldn’t lobby on behalf of The Playbook’s clients for two years after leaving government.

There is no suggestion Ms Crouch – or any other MP – has broken lobbying rules. But Steve Goodrich, head of research and investigations at Transparency International UK, has cast doubt on the systems designed to ensure politicians aren’t being unduly influenced.

“ACOBA is a paper tiger – it has no teeth, no ability to enforce the advice that it gives,” he said.

“And there’s a broader question about whether these omissions reflect a wider culture of opacity within parliament, at least among some members, that needs challenging. That’s more of a cultural issue, which may be harder to shift.”

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There is also another group of MPs who have financial interests that may not be apparent from public disclosures.

Ten MPs have had employment with investment or private equity funds where there is a reasonable expectation they will be advising or making investment decisions about firms within the portfolios of these parent companies.

Yet the current rules – or the enforcement around them – put little onus on MPs to report these details.

David Davis, for example, the former Brexit secretary, sits on the advisory board of THI Holdings GmbH, an investment firm that declares holdings in seven companies on its website.

One of these companies is Oxford International Education Group – where Conservative MP Chris Skidmore sits on the advisory board. Were Mr Skidmore to speak in parliament on higher education issues, he would be expected to draw attention to his financial interest in this area.

But from what Mr Davis has disclosed, it is far more difficult to understand how ACOBA’s advice – which stated that Mr Davis should not lobby on behalf of THI’s subsidiaries in the two years after leaving government in 2019 – could be easily enforced.

Mr Davis is far from alone in working for one of these firms. Andrew Mitchell, Johnathan Djanogly, Richard Fuller, Bim Afolami, Alun Cairns and Stephen McPartland have all had positions with boutique investment firms in the past three years. There is no suggestion these MPs have broken any rules.

A spokesperson for Mr Mitchell told Sky News that all his outside business interests have always been properly registered in the normal way. Mr Mercer, Ms Crouch, and Mr Davis did not respond when asked for comment.

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‘We all welcome transparency’

MPs more likely to ask questions in parliament after taking up jobs in finance

Recent research from Dr Simon Weschle, author of Money In Politics, shows that MPs in certain types of second jobs behave differently.

He found that MPs were more likely to ask questions in parliament after taking up jobs in finance or the legal profession.

Dr Weschle said the lack of detail disclosed around these jobs makes it difficult to know if this amounts to lobbying, which would break the rules.

He said: “They could be asking more questions for a number of other reasons or for a reason directly relating to their work… but because we don’t know who they’re advising, who they have holdings in – who they’re ultimately working for – it’s really hard to make that connection.”

One reason MPs may not disclose further details is if doing so may conflict with professional practices.

Ten current MPs, for example, have worked as lawyers and accountants this parliament without naming their clients. Some may feel it inappropriate to disclose the firms or individuals contracting their services.

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Labour leader Sir Keir Starmer, for instance, is one MP who has reported payments for giving legal advice with little detail offered as to the source of these funds. Sir Geoffrey Cox, who has earned more than £2m in legal fees this parliament, is another who provides details of the chambers who pay him, but rarely his clients.

Sky News understands there are no professional standards rules in the legal or accountancy profession that would stop MPs disclosing their clients, unless they expressly requested anonymity.

Some MPs involved in business consulting have told Sky News they have signed contracts that prevent them from naming clients publicly.

Yet if these obligations are sometimes the reason for a lack of disclosure, it calls into question the rules which at times seem to put MPs’ private interests above the transparency of the system. In some places, like the US, this problem has been solved by banning politicians from having second jobs.

Dr Weschle thinks there’s room for reform in the UK: “It seems to be that second jobs clearly undermine the public’s trust in politicians… so we should think about whether certain kinds of jobs should be more restricted, or whether MPs should be made to be more transparent about what they’re doing.”

Additional reporting: Ganesh Rao

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Poundland shake-up will see 68 stores and two distribution sites shut

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Poundland shake-up will see 68 stores and two distribution sites shut

The new owner of the discount retailer Poundland has revealed proposals to close 68 stores and two distribution centres under a shake-up that will also see frozen food and online sales halted.

Gordon Brothers, the investment firm which snapped up the struggling brand for a nominal sum last week, said its recovery plan “intended to deliver a financially sustainable operating model for the business after an extended period of under-performance”.

The plans are understood to be leaving 1,350 jobs at risk.

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It currently employs 16,000 people across the business.

Poundland said it was also seeking store rent reductions more widely under the plans.

Sky News reported on Monday that if creditors backed the restructuring, with a vote expected in late August, 250 of Poundland’s sites would also see their rent bills reduced to zero.

Poundland said its future focus would be on profitable stores, with its web-based operations becoming confined to browsing only.

As a result of the new priority, along with a shift away from most chilled and all frozen products, the company said it would no longer need its frozen and digital distribution centre at Darton in South Yorkshire.

It was to shut later this year.

Poundland also planned to close its national distribution centre at Bilston in the West Midlands early in 2026.

The retailer said it expects to end up with between 650 and 700 stores after the overhaul – assuming it achieves court approval.

It currently runs around 800 stores across the UK and Ireland but stressed Irish shops, which trade as Dealz, have not been affected.

Poundland’s struggles in recent years have included increased competition, poorly-received stock and rising costs.

Its managing director, Barry Williams, said: “It’s no secret that we have much work to do to get Poundland back on track.

“While Poundland remains a strong brand, serving 20 million-plus shoppers each year, our performance for a significant period has fallen short of our high standards and action is needed to enable the business to return to growth.

“It’s sincerely regrettable that this plan includes the closure of stores and distribution centres, but it’s necessary if we’re to achieve our goal of securing the future of thousands of jobs and hundreds of stores.

“It goes without saying that if our plans are approved, we will do all we can to support colleagues who will be directly affected by the changes.”

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US-UK trade deal ‘done’, says Trump as he meets Starmer at G7

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US-UK trade deal 'done', says Trump as he meets Starmer at G7

The UK-US trade deal has been signed and is “done”, US President Donald Trump has said as he met Sir Keir Starmer at the G7 summit.

The US president told reporters: “We signed it, and it’s done. It’s a fair deal for both. It’ll produce a lot of jobs, a lot of income.”

As Mr Trump and his British counterpart exited a mountain lodge in the Canadian Rockies where the summit is being held, the US president held up a physical copy of the trade agreement to show reporters.

Several leaves of paper fell from the binding, and Mr Starmer quickly bent down to pick them up, saying: “A very important document.”

President Donald Trump drops papers as he meets with Britain's Prime Minister Keir Starmer in Kananaskis, Canada. Pic: AP
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President Donald Trump drops papers as he meets with Britain’s Prime Minister Keir Starmer in Kananaskis, Canada. Pic: AP

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Sir Keir Starmer hastily collects the signed executive order documents from the ground and hands them back to the US president.

Sir Keir said the document “implements” the deal to cut tariffs on cars and aerospace, adding: “So this is a very good day for both of our countries – a real sign of strength.”

Mr Trump added that the UK was “very well protected” against any future tariffs, saying: “You know why? Because I like them”.

However, he did not say whether levies on British steel exports to the US would be set to 0%, saying “we’re gonna let you have that information in a little while”.

Sir Keir Starmer picks up paper from the UK-US trade deal after Donald Trump dropped it at the G7 summit. Pic: Reuters
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Sir Keir Starmer picks up paper from the UK-US trade deal after Donald Trump dropped it at the G7 summit. Pic: Reuters

What exactly does trade deal being ‘done’ mean?

The government says the US “has committed” to removing tariffs (taxes on imported goods) on UK aerospace goods, such as engines and aircraft parts, which currently stand at 10%.

That is “expected to come into force by the end of the month”.

Tariffs on car imports will drop from 27.5% to 10%, the government says, which “saves car manufacturers hundreds of millions a year, and protects tens of thousands of jobs”.

The White House says there will be a quota of 100,000 cars eligible for import at that level each year.

But on steel, the story is a little more complicated.

The UK is the only country exempted from the global 50% tariff rate on steel – which means the UK rate remains at the original level of 25%.

That tariff was expected to be lifted entirely, but the government now says it will “continue to go further and make progress towards 0% tariffs on core steel products as agreed”.

The White House says the US will “promptly construct a quota at most-favoured-nation rates for steel and aluminium articles”.

Other key parts of the deal include import and export quotas for beef – and the government is keen to emphasise that “any US imports will need to meet UK food safety standards”.

There is no change to tariffs on pharmaceuticals for the moment, and the government says “work will continue to protect industry from any further tariffs imposed”.

The White House says they “committed to negotiate significantly preferential treatment outcomes”.

Mr Trump also praised Sir Keir as a “great” prime minister, adding: “We’ve been talking about this deal for six years, and he’s done what they haven’t been able to do.”

He added: “We’re very longtime partners and allies and friends and we’ve become friends in a short period of time.

“He’s slightly more liberal than me to put it mildly… but we get along.”

Sir Keir added that “we make it work”.

The US president appeared to mistakenly refer to a “trade agreement with the European Union” at one point as he stood alongside the British prime minister.

Mr Trump announced his “Liberation Day” tariffs on countries in April. At the time, he announced 10% “reciprocal” rates on all UK exports – as well as separately announced 25% levies on cars and steel.

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In a joint televised phone call in May, Sir Keir and Mr Trump announced the UK and US had agreed on a trade deal – but added the details were being finalised.

Ahead of the G7 summit, the prime minister said he would meet Mr Trump for “one-on-one” talks, and added the agreement “really matters for the vital sectors that are safeguarded under our deal, and we’ve got to implement that”.

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Poundland to stop paying rent at hundreds of stores in rescue deal

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Poundland to stop paying rent at hundreds of stores in rescue deal

Poundland will halt rent payments at hundreds of its shops if a restructuring of the ailing discount retailer is approved by creditors later this summer.

Sky News has learnt that Poundland’s new owner, the investment firm Gordon Brothers, is proposing to halt all rent payments at so-called Category C shops across the country.

According to a letter sent to creditors in the last few days, roughly 250 shops have been classed as Category C sites, with rent payments “reduced to nil”.

Poundland will have the right to terminate leases with 30 days’ notice at roughly 70 of these loss-making stores – classed as C2 – after the restructuring plan is approved, and with 60 days’ notice at about 180 more C2 sites.

The plan also raises the prospect of landlords activating break clauses in their contracts at the earliest possible opportunity if they can secure alternative retail tenants.

In addition to the zero-rent proposal, hundreds of Poundland’s stores would see rent payments reduced by between 15% and 75% if the restructuring plan is approved.

The document leaves open the question of how many shops will ultimately close under its new owners.

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A convening hearing has been scheduled for next month, while a sanction hearing, at which creditors will vote on the plan, is due to occur on or around August 26, according to one source.

The discounter was sold last week for a nominal sum to Gordon Brothers, the former owner of Laura Ashley, amid mounting losses suffered by its Warsaw-listed owner, Pepco Group.

Poundland declined to comment.

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