Former City minister quits Westminster group over scathing FCA report Politics The former City minister John Glen has quit a cross-parliamentary group on fairer finance after it released an incendiary report on the Financial Conduct Authority (FCA) accusing it of “incompetence”. In a letter to the Financial Times, Glen, who served as City minister between 2018 and 2022, said he was “dismayed” by the report and [...]
Tory conference: ‘Rigorous’ process for Revolut licence was ‘right’, ex-minister says Politics The “rigorous” process Revolut went through to secure its banking licence was “right”, John Glen has said. Former paymaster general Glen told a Conservatives in the City event at the annual Tory party conference in Birmingham that the digital payments app now had “credibility to grow globally”. He said: “The UK is brilliant in innovation [...]
Infected blood scandal: Compensation payments to start this year, minister says UK Politics Compensation payments to the victims and families of the infected blood scandal will begin before the end of the year, the government has confirmed.