The current rules on MPs’ second jobs “strike the right balance”, Downing Street has said, after videos showed Kwasi Kwarteng and Matt Hancock offering to advise a fake Korean company for up to £10,000 a day.
One minister acknowledged the footage was “pretty unedifying” even if no rules were broken, after a sting by the campaign group Led By Donkeys duped the former chancellor and former health secretary into an interview with a bogus company.
