The 42-year-old former Labour MP is given European position by US bank

The former high-profile Labour politician Chuka Umunna has been hired by the US bank JP Morgan to lead its European environmental, social and governance (ESG) work.

The 42-year-old, who was an employment lawyer before becoming a Labour MP in 2010, follows in the footsteps of other former UK lawmakers who have entered top finance jobs after leaving politics.

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