Standards commissioner finds David Warburton violated code of conduct twice but accepted his agreement to rectify the breaches

A Conservative MP has not been formally disciplined despite breaching rules on declaring interests after being lent £150,000 by a businessman for a rental property and then writing to a financial watchdog to praise the same person.

An investigation by the parliamentary commissioner for standards, Kathryn Stone, concluded that David Warburton, the MP for Somerton and Frome in Somerset, broke the MPs’ code of conduct twice.

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