Former prime minister told then chancellor Philip Hammond of proposed commercial investment fund at meeting in 2017
David Cameron discussed the establishment of a $1bn UK-China investment fund – of which he was to become vice-chair – in a meeting with the then chancellor Philip Hammond just 15 months after leaving office as prime minister, despite the convention aimed at preventing former ministers from lobbying for two years.
Correspondence obtained by the Observer and the Bureau of Investigative Journalism indicates that the meeting drew no concerns from the ministerial jobs watchdog because Cameron had not yet begun a formal role with the fund, highlighting yet another loophole in the UK’s lobbying guidelines.
