Short Cuts: State Capture
Abby Innes, 16 December 2021
The UK has the third largest lobbying industry in the world. When ministers and prime ministers with no experience in corporate governance retire into jobs in sectors they were once supposed to regulate, at pay rates beyond the wildest dreams of the average voter, are we really meant to believe that they are recruited for their good judgment? There remains a near total lack of legal regulation around some of the most serious systemic risks in the ‘self-regulation’ principle held by MPs.
