MINISTERS and top officials should be banned from government lobbying for five years after leaving office, the anti-corruption watchdog has recommended.
The Committee on Standards in Public Life published its interim review of lobbying guidelines on Monday (14) in the wake of the Greensill scandal involving former prime minister David Cameron.
It suggested the current two-year ban "may be too short in some cases".
To give greater teeth, the committee recommended rules on taking post-government jobs should be written into civil servants' contracts.
It noted that Acoba, the body responsible for overseeing government rules on business appointments, currently has no powers to penalise people who ignore the rules.
Cameron's attempts to influence ministers on behalf of Greensill Capital, two years after leaving office have led to greater scrutiny of links between government and the private sector.
The watchdog said government departments should be able to issue longer lobbying bans "where they deem it appropriate" - although it should "not become the default".
In its report, the committee said "relying on transparency alone" had not proved enough to ensure public confidence in the system.
Labour's deputy leader Angela Rayner supported the longer five-year lobbying ban, calling the current rules "completely unfit for purpose".
The committee also suggested that government transparency rules should be amended to close this "loophole,” as per which phone calls are not disclosed unless they are part of an official meeting.
Meanwhile, Cameron has defended his role in lobbying for Greensill, which filed for insolvency in March.
He said he had not broken any rules but admitted he should have used "only the most formal" means, such as a letter, to make contact.
London vacancies up 9 per cent in Q3 2025, with fintech roles already surpassing all of 2024’s recruitment.
AI positions offer salaries 20 per cent higher than non-AI roles, reflecting fierce competition for skilled professionals.
Near-shoring boosts junior roles in Belfast and Glasgow, but London dominates senior, strategic appointments.
Jobs soar
Artificial intelligence and financial technology are driving job growth in London’s financial sector, with vacancies up 9 per cent year-on-year in Q3 2025, according to Morgan McKinley’s latest Employment Monitor.
Mark Astbury, director at Morgan Mckinley , noted that fintech roles have proved particularly resilient, with companies advertising 6,425 positions already exceeding the entirety of 2024’s recruitment activity. Banks, consumer finance organisations, and ambitious startups are prioritising senior and strategic appointments, particularly in AI strategy, corporate finance, and technology leadership roles.
The rebound represents a marked reversal from Q2 2025, when trade tariff uncertainties prompted hiring freezes. Employers have now resumed delayed recruitment efforts, though the forthcoming UK Autumn Budget in November may yet influence hiring trajectories.
Notably, near-shoring trends are emerging, with regions including Belfast and Glasgow capturing junior-level roles. London, however, retains its stranglehold on high-value, strategic positions. Much now depends on the Autumn Budget and whether it reassures employers or adds further cost pressures that will set the tone for hiring into early 2026.
AI and tech talent
Forbes Advisor research reveals that 79 per cent of UK workers use generative AI at work, while 85 per cent are aware of AI language models like ChatGPT. However, 59 per cent of Brits express concerns about AI, with primary worries including skill loss, job displacement, privacy issues, and autonomous decision-making without human oversight.
The surge underscores London’s position as the United Kingdom’s preeminent hub for technology-driven financial services. Greater London now hosts 1,387 AI-focused enterprises, including heavyweight firms DeepMind and BenevolentAI, making the capital an irresistible draw for major financial institutions, fintech pioneers, and specialist tech firms seeking talent.
The labour market shift reflects wider structural changes within financial services. Automation is dampening demand for graduate and administrative roles, while AI-related positions command salaries approximately 20 per cent higher than comparable non-AI posts a premium reflecting intense competition for skilled professionals.
Investment underpins this expansion. The Government has committed £2.3 billion to AI initiatives since 2014, while companies increasingly deploy generative models and computer vision technologies to streamline operations, strengthen compliance, and innovate service delivery.
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