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The Guardian - UK
The Guardian - UK
Politics
Rowena Mason Whitehall editor

Peers working for City firms dominate Lords panel scrutinising financial sector

Lords FCA City Peter Lilley Tom Brake Santander
Illustration of a hand wielding a white chess piece that has knocked over some black chess pieces
The House of Lords financial services regulation committee was formed in January last year. Composite: Alex Mellon for the Guardian/Getty Images/iStockphoto

Peers working for big City firms including Santander, Secure Trust Bank and the London Stock Exchange are sitting on a new Lords committee scrutinising regulation of the financial services industry, the Guardian has found.

The House of Lords financial services regulation committee was formed in January last year and 10 of its 13 members have declared current or recent interests in the sector.

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