Controversy Surrounds Sir Keir Starmer's New City Minister
Sir Keir Starmer is facing controversy as his new City minister, Emma Reynolds, is being accused of a conflict of interest over past China lobbying. Downing Street has come under fire for not clarifying whether Reynolds will have a say on China policy despite her history as a lobbyist advocating for softer rules on Beijing cash.
Pressure Mounts on No10
No10 has defended Reynolds, stating that she brings a wealth of experience to the role. However, there are growing concerns about her potential involvement in China-related decisions. The Conservative party has criticized the Prime Minister for not addressing the issue of lobbyists moving between government and big businesses, calling for more transparency.
Labour's Financial Ties with China
The controversy comes at a time when Labour is aiming to strengthen financial ties with China to stimulate the economy. Shadow Treasury Minister Nigel Huddleston has urged clarity on the situation, emphasizing the importance of Reynolds recusing herself from any decisions related to China. Former Tory leader Sir Iain Duncan Smith also expressed concerns, warning against potential implications of not addressing the issue.
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