Sunday, October 02, 2022

Jacob Rees-Mogg’s Business Partner Given Senior Minister Role

THE GUARDIAN: City financier who co-founded investment firm with business secretary is made trade minister

Jacob Rees-Mogg and other senior cabinet members face questions about being too close to the City. Photograph: Paul Ellis/AFP/Getty Images

The City business partner of Jacob Rees-Mogg has been handed a peerage and job as a senior minister by Liz Truss’s government in a move likely to trigger accusations of cronyism.

Dominic Johnson, a financier who co-founded Somerset Capital Management with Rees-Mogg, was appointed as a minister in the Cabinet Office and the Department for International Trade.

The announcement was slipped out on the government’s website, which said he had been appointed as of Sunday.



The appointment is likely to be controversial at a time when Truss, her chancellor, Kwasi Kwarteng, and Rees-Mogg face questions about being too close to the City, after the mini-budget handed substantial tax cuts to financiers and the wealthy. » | Rowena Mason, Whitehall editor | Sunday, October 2, 2022

WTF! This administration is as corrupt as corrupt can be! Talk about jobs for the boys … this is it! This country’s government behaves in a way one would expect a banana republic’s government to behave. Kick these corrupt Tories out of office forthwith!

It would appear that they have already lost the next election. Now, Parliament has to find a way of bringing the date of the election forward. – © Mark Alexander