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Dozens of Lords accused of ‘shocking lack of transparency’ over financial interests

Exclusive: House of Lords condemned as ‘utterly unaccountable’ as openDemocracy investigation finds scores of peers keep details of private interests secret

Dozens of Lords accused of ‘shocking lack of transparency’ over financial interests
openDemocracy has identified 54 financial interests that may be in breach of transparency rules | Image Professionals GmbH / Alamy Stock Photo
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More than 40 members of the House of Lords may be in breach of transparency rules, for failing to declare details of private companies that they run. This would make it one of the most wide-scale breaches of transparency rules ever reported in Westminster.

The peers include Eric Pickles, the chair of Westminster’s lobbying watchdog, who owns a consultancy business with his wife.

Rules say that, if a lord is a company director, then they should “give a broad indication of the company’s business, where this is not self-evident from its name”. But apart from stating that his business, Oakworth Services Ltd, is a “consultancy”, Pickles has not disclosed what area of work the firm is involved with.