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Philip Hammond rebuked over bank lobbying allegations

The former chancellor considered a legal injunction to block the verdict of Westminster’s lobbying watchdog

Philip Hammond rebuked over bank lobbying allegations
Philip Hammond tried to block the watchdog from publishing its ruling | Ian Davidson/Alamy Live News
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The former UK chancellor, Philip Hammond, has been reprimanded by Westminster’s lobbying watchdog after he wrote to a Treasury official on behalf of a bank he was paid to advise.

In July 2020, Hammond emailed with a pitch from OakNorth Bank for a new “financial toolkit” that the government could use in response to the pandemic.

In the correspondence, obtained by The Daily Telegraph, the Conservative lord asked for the Treasury’s second most senior official to “pass it to anyone else who might be appropriate”.