Robert Peston Profile picture
Feb 7 15 tweets 4 min read
Back in 2005, when I worked for the Telegraph, I reported that Sue Gray at the Cabinet Office had told the founder of PR company Portland that he would have to sell his stake in Portland if he wanted to take up the offered role of Director of Comms at No10 for Tony Blair...
Allan chose not to sell and didn't take the job. So I have tried to find out whether Boris Johnson's new Director of Comms Guto Harri has a stake in Hawthorn Advisors. I am still working on that, but if he does have a stake it isn't huge, because there is no sign of...
it in the business's filings at Companies House. But I did go back and look at the filings for Francis Maude Associates, a consultancy that advises governments, and was set up by Francis Maude with Simone Finn, Boris Johnson's deputy chief of staff. Now when Baroness Finn...
took up the post of deputy chief of staff, last April, I was told by Downing Street that she had resigned from the consultancy, though - to my surprise - the Cabinet Office allowed her to keep her shareholding of between 25% and 50%. You decide whether the Cabinet Office...
has become too lax in preventing conflicts of interest, in allowing her to keep her stake. But here is what surprised me today. Companies House says she remains an active director of Francis Maude Associates. This could of course be an unusual bureaucratic error at...
Companies House. But there is independent evidence that on 2 December 2021, eight months after she entered Downing Street, Finn remained active at the firm. Because on that date she signed the 2021 accounts for Francis Maude Associates as a "designated member". This begs so...
many questions I don't know where to start. If you go to the next tweet in this thread you'll see the Companies House filings for Francis Maude Associates and Finn. The clear impression is that standards to prevent conflicts of interest in government ain't what they were...
And news just in. Harri tells me he’ll be advised by the Cabinet Office’s Propriety and Ethics section on what to do with his outside interests. He won’t say what they are. Attached are the details of Finn’s outside interests
Companies House shows that Harri remains an active director of a business called Hydro Industries, which says it uses technology to clean up industrial waste (see attached). And @RhonddaBryant, chair of the committee on standards, has tabled a question to @SteveBarclay, the…
Chancellor of the Duchy of Lancaster, asking whether Finn remains a designated member of Francis Maude Associates and what shareholding she retains there.
Francis Maude tells me that Francis Maude Associates is dormant and does not trade. And that it is separate from the advisory company that still trades, from which Finn resigned. He says Finn’s continuing directorship in and ownership of Francis Maude Associates was disclosed…
to the Cabinet Office “without there being any kind of a problem”.
As for the active government advisory business, that is called FMAP Ltd. Finn continues to own between 25% and 50% of this business, which as I said earlier seems an odd concession allowed by the Cabinet office. But she resigned as a director of FMAP Ltd on 28 Feb. Attached…
is the latest financial statement for FMAP Ltd, which shows net assets of just over £900,000 and cash at bank and in hand of £956,000. The other business I referred to earlier that does not trade, Francis Maude Associates, is a partnership and Finn is a partner in it…
and not a director.

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More from @Peston

Feb 3
Sunak also announces rebates to 80% of homeowners, those in bands A to D. But, as I asked yesterday, where is the help for soaring energy costs for the millions on low earnings who rent?
The treasury believes 95% of renters pay council tax directly and so will benefit from the energy rebate. I wonder if the data on that is as robust as they believe.
So the Treasury has clarified what they mean by 95% of renters being covered by the rebate. What they mean is 95% of renters are in bands A to D. But they have NO DATA on how many of those renters pay for energy in their own names versus how many pay through a landlord...
Read 4 tweets
Feb 3
.@Keir_Starmer is for the first time developing a distinctive narrative for his and Labour’s mission. It is mostly about Boris Johnson. Here it is, in his speech on trust in politics this morning: “It is often said that the Prime Minister doesn’t believe the rules apply to him…
“That he has a sense of entitlement which transcends the normal rules of politics. I think it is considerably worse than that. It isn’t that the Prime Minister thinks the rules don’t apply. He absolutely knows that they do…
“His strategy is to devalue the rules so they don’t matter to anyone anymore. So, that politics becomes contaminated. Cynicism and alienation replace confidence and trust. So that the taunt “politicians are just in it for themselves” becomes accepted wisdom…
Read 7 tweets
Feb 2
The Chancellor is tomorrow set to unveil a set of loans, subsidies and rebates to reduce the impact of the expected £700 increase in typical household energy bills that will bite from April. He’ll do so at circa 11am, to coincide with the Ofgem announcement of new price cap…
I’ve said for a while, the cap is set to rise from just under £1300 to circa £2000 - which would be totally unaffordable for hundreds of thousands of low income households. @thetimes says today Sunak’s package will include some kind of loan scheme to energy companies…
to help them reduce (though not eliminate) the immediate price increase, by deferring some of the price rise for consumers to future years. What is unclear is the mechanism for repaying that multi-billion pound loan and whether it is at all linked to future movements in the…
Read 7 tweets
Feb 1
It gets worse for the Department of Health and Social Care. The public sector’s auditor in chief, Garett Davies, refused to give a clean bill of health to the department’s 2020/21 accounts, he “qualified” the accounts (in the jargon) because “£1.3 billion…
of the Department’s COVID-19 spending was spent either without the necessary HM Treasury approvals or in breach of conditions set by HM Treasury. Davies has also qualified his regularity opinion due to insufficient evidence to show that the Department’s spending, particularly…
on COVID-19 procurement, was not subject to a material level of fraud”. He is basically saying the department failed the test of competence. The findings that the department may have been subject to “material” fraud and breached Treasury stipulations are damning…
Read 7 tweets
Feb 1
Buried on page 199 of the Department of Health and Social Care’s annual report published yesterday is the shocking disclosure that it has incurred £8.7bn of losses - £8.7bn ! - on £12.1bn of PPE bought in 2020/21. Think about how that money could have been…
deployed in hospitals. Surely there needs to be a statement from @sajidjavid to parliament about this. Here is the excerpt from the DHSC annual report: “the Department estimates that there has been a loss in value of £8.7 billion of the £12.1 billion of PPE purchased in 2020-21…
“This impairment relates to: • £0.67 billion of PPE which cannot be used, for instance because it is defective; • £2.6 billion of PPE which is not suitable for use within the health and social care sector but which…
Read 9 tweets
Jan 31
For Tory MPs who regard partygate as being a prime ministerial competence issue, rather than an ethical issue, it is striking that of the three "parties" or events Sue Gray was asked to investigate by the PM, two are not deemed by the Met Police as being potential breaches...
of the criminal law (namely the leaving party for Cleo Watson and the party at the department for education). Only the Downing Street Christmas party on 18 Dec 2020 passed the threshold for police investigation, along with 11 other events that Sue Gray subsequently determined...
to be in scope of her investigation. There are a couple of inferences to be drawn. 1) Gray was robustly independent in her investigation, taking her inquiry considerably further than the PM would have wanted or expected. 2) The PM is now...
Read 9 tweets

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