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UK peers face tighter rules on financial interests, after openDemocracy investigation

Exclusive: Members of the House of Lords will have to provide details of companies they have ‘significant control’ over, following record rule breach

By Adam Bychawski
UK peers face tighter rules on financial interests, after openDemocracy investigation
An openDemocracy investigation resulted in 24 peers being found in breach of rules | PA Images / Alamy Stock Photo
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Members of the House of Lords will face tougher requirements for declaring their financial interests, following an openDemocracy investigation.

In September, 24 peers, including Tory donor Lord Bamford and ‘The Apprentice’ star Alan Sugar, were found to have broken rules by failing to provide details of businesses that they run.

The ruling, by the House of Lords standards commissioner, was prompted after openDemocracy exposed the breaches earlier this year.

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Creative Commons Attribution-NonCommercial 4.0