London Daily

Focus on the big picture.
Thursday, Sep 18, 2025

Corrupted UK: Matt Hancock owns shares in NHS-approved firm

Corrupted UK: Matt Hancock owns shares in NHS-approved firm

Health Secretary Matt Hancock owns shares in a company which was approved as a potential supplier for NHS trusts in England, it has emerged.

In March, he declared he had acquired more than 15% of Topwood Ltd, which was granted the approved status in 2019.

The firm, which specialises in the secure storage, shredding and scanning of documents, also won £300,000 of business from NHS Wales this year.

A government spokesman said there had been no conflict of interest.

He also said the health secretary had acted "entirely properly".

But Labour said there was "cronyism at the heart of this government" and the party's shadow health secretary Jonathan Ashworth has asked the head of the civil service to investigate whether Mr Hancock breached the ministerial code.

In March this year, Mr Hancock declared in the MPs' register of interests that he had acquired more than 15% of the shares in Topwood, under a "delegated management arrangement".

Public contract records show that the company was awarded a place in the Shared Business Services framework as a potential supplier for NHS local trusts in 2019, the year after Mr Hancock became health secretary.

The MPs' register did not mention that his sister Emily Gilruth - involved in the firm since its foundation in 2002 - owns a larger portion of the shares and is a director, or that Topwood has links to the NHS - as first reported by the Guido Fawkes blog and Health Service Journal.

Labour leader Sir Keir Starmer said: "Matt Hancock has to answer the questions... He can't pretend that the responsibility lies elsewhere."

But he said he was "not suggesting" the health secretary had broken any rules.

The SNP's deputy Westminster leader, Kirsten Oswald, said "Tory cronyism" was "rife within Westminster".

Ministerial code


But a government spokesperson said: "Mr Hancock has acted entirely properly in these circumstances. All declarations of interest have been made in accordance with the ministerial code. Ministers have no involvement in the awarding of these contracts, and no conflict of interest arises."

A Department of Health source said Mr Hancock had discussed the fact he was to be gifted shares in the firm with civil servants before he accepted them.

They ruled that if any conflicts of interest were to arise, they could be handled in line with the ministerial code, the rulebook setting out the standards of conduct for ministers.

This states that ministers should declare interests of close family if they believe they might give rise to a conflict.

When he was secretary of state for digital, culture, media and sport in 2017, he did declare that his brother Chris Hancock was chief executive of an investment crowdfunding company called Crowd2Fund.

The Department of Health said Mr Hancock had no active role in running Topwood.

As health secretary for England, he does not have responsibility for NHS Wales, which awarded contracts to Topwood earlier this year.

Mr Hancock has not yet commented.

Newsletter

Related Articles

0:00
0:00
Close
Macron and his wife to provide 'scientific photographic evidence' that she is a real woman
US Tech Giants Pledge Billions to UK AI Infrastructure Following Starmer's Call
Saudi Arabia cracks down on music ‘lounges’ after conservative backlash
DeepMind and OpenAI Achieve Gold at ‘Coding Olympics’ in AI Milestone
SEC Allows Public Companies to Block Investors from Class-Action Lawsuits
Saudi Arabia Signs ‘Strategic Mutual Defence’ Pact with Pakistan, Marking First Arab State to Gain Indirect Access to Nuclear Strike Capabilities in the Region
Federal Reserve Cuts Rates by Quarter Point and Signals More to Come
Effective and Impressive Generation Z Protest: Images from the Riots in Nepal
European manufacturers against ban on polluting cars: "The industry may collapse"
Sam Altman sells the 'Wedding Estate' in Hawaii for 49 million dollars
Trump: Cancel quarterly company reports and settle for reporting once every six months
Turkish car manufacturer Togg Enters German Market with 5-Star Electric Sedan and SUV to Challenge European EV Brands
US Launches New Pilot Program to Accelerate eVTOL Air Taxi Deployment
Christian Brueckner Released from German Prison after Serving Unrelated Sentence
World’s Longest Direct Flight China Eastern to Launch 29-Hour Shanghai–Buenos Aires Direct Flight via Auckland in December
New OpenAI Study Finds Majority of ChatGPT Use Is Personal, Not Professional
Hong Kong Industry Group Calls for HK$20 Billion Support Fund to Ease Property Market Stress
Joe Biden’s Post-Presidency Speaking Fees Face Weak Demand amid Corporate Reluctance
Charlie Kirk's murder will break the left's hateful cancel tactics
Kash Patel erupts at ‘buffoon’ Sen. Adam Schiff over Russiagate: ‘You are the biggest fraud’
Homeland Security says Emmy speech ‘fanning the flames of hatred’ after Einbinder’s ‘F— ICE’ remark
Charlie Kirk’s Alleged Assassin Tyler Robinson Faces Death Penalty as Charges Formally Announced
Actor, director, environmentalist Robert Redford dies at 89
The conservative right spreads westward: a huge achievement for 'Alternative for Germany' in local elections
JD Vance Says There Is “No Unity” with Those Who Celebrate Charlie Kirk’s Killing, and he is right!
Trump sues the 'New York Times' for an astronomical sum of 15 billion dollars
Florida Hospital Welcomes Its Largest-Ever Baby: Annan, Nearly Fourteen Pounds at Birth
U.S. and Britain Poised to Finalize Over $10 Billion in High-Tech, Nuclear and Defense Deals During Trump State Visit
China Finds Nvidia Violated Antitrust Laws in Mellanox Deal, Deepens Trade Tensions with US
US Air Force Begins Modifications on Qatar-Donated Jet Amid Plans to Use It as Air Force One
Pope Leo Warns of Societal Crisis Over Mega-CEO Pay, Citing Tesla’s Proposed Trillion-Dollar Package
Poland Green-Lights NATO Deployment in Response to Major Russian Drone Incursion
Elon Musk Retakes Lead as World’s Richest After Brief Ellison Surge
U.S. and China Agree on Framework to Shift TikTok to American Ownership
London Daily Podcast: London Massive Pro Democracy Rally, Musk Support, UK Economic Data and Premier League Results Mark Eventful Weekend
This Week in AI: Meta’s Superintelligence Push, xAI’s Ten Billion-Dollar Raise, Genesis AI’s Robotics Ambitions, Microsoft Restructuring, Amazon’s Million-Robot Milestone, and Google’s AlphaGenome Update
Le Pen Tightens the Pressure on Macron as France Edges Toward Political Breakdown
Musk calls for new UK government at huge pro-democracy rally in London, but Britons have been brainwashed to obey instead of fighting for their human rights
Elon Musk responds to post calling for the murder of Erika Kirk, widow of Charlie Kirk: 'Either we fight back or they will kill us'
Czech Republic signs €1.34 billion contract for Leopard 2A8 main battle tanks with delivery from 2028
USA: Office Depot Employees Refused to Print Poster in Memory of Charlie Kirk – and Were Fired
Proposed U.S. Bill Would Allow Civil Suits Against Judges Who Release Repeat Violent Offenders
Penske Media Sues Google Over “AI Overviews,” Claiming It Uses Journalism Without Consent and Destroys Traffic
Indian Student Engineers Propose “Project REBIRTH” to Protect Aircraft from Crashes Using AI, Airbags and Smart Materials
French Debt Downgrade Piles Pressure on Macron’s New Prime Minister
US and UK Near Tech, Nuclear and Whisky Deals Ahead of Trump Trip
One in Three Europeans Now Uses TikTok, According to the Chinese Tech Giant
Could AI Nursing Robots Help Healthcare Staffing Shortages?
NATO Deploys ‘Eastern Sentry’ After Russian Drones Violate Polish Airspace
Anesthesiologist Left Operation Mid-Surgery to Have Sex with Nurse
×