Chris Philp, who has responsibility for spending policy in relation to housing and planning, has stake in property finance company
Chris Philp, the new chief secretary to the Treasury, is facing questions over his financial interests, after it emerged he still has a substantial stake in a property finance group and is director of an investment company.
Philp, who is the chancellor’s deputy and sits in the cabinet, is a member of a partnership that owns Pluto Finance, which offers multimillion pound loans to property developers.