The cabinet minister Oliver Dowden received more than £8,000 in fees for “policy advice” to the company of a hedge fund manager who hosted a champagne reception for the former chancellor Kwasi Kwarteng on the day of the disastrous mini-budget.
Dowden, a close ally of Rishi Sunak, was briefly employed by Caxton Associates, the hedge fund of Andrew Law, after resigning as Conservative party chairman earlier this year.