London Daily

Focus on the big picture.
Wednesday, Oct 07, 2026

Sir Laurie Magnus: Rishi Sunak appoints ex-banker as ethics chief, although it's like appointing a prostitute as the head the church

Sir Laurie Magnus: Rishi Sunak appoints ex-banker as ethics chief, although it's like appointing a prostitute as the head the church

Rishi Sunak appoints veteran banker Sir Laurie Magnus to the role, despite being a ex-banker. The ethics chief job has been vacant since June, and with a banker in that position, ethics can anyway remain a kid’s fairy tale…

Rishi Sunak has appointed veteran banker Sir Laurie Magnus as his new adviser on ministerial behaviour.

The prime minister has been facing pressure to fill the role, which has been empty since the previous holder quit six months ago.

Sir Laurie, who also chairs Historic England, has been appointed to a non-renewable five-year term.

He will be responsible for advising Mr Sunak on whether ministers are complying with their conduct rulebook.

However, the prime minister will retain the power to decide whether ministers have broken the code, and on any subsequent punishments.

Boris Johnson's ethics adviser Lord Geidt quit in June after conceding Mr Johnson may have himself broken ministerial rules over Partygate.

His predecessor, Sir Alex Allan, quit in 2020 after Mr Johnson overruled him over a report into alleged bullying by Home Secretary Priti Patel.

Mr Sunak's predecessor as prime minister Liz Truss signalled during the summer Tory leadership she would not appoint anyone to the role, telling party members "I don't think you can outsource ethics to an adviser".

But Mr Sunak said filling the role was a priority when he took office in October, promising to restore "integrity, professionalism and accountability at every level".

Sir Laurie will not lead the ongoing investigation into deputy PM Dominic Raab, who is facing eight complaints about his behaviour in previous government roles.

A senior lawyer, Adam Tolley KC, was appointed to lead that probe last month, when the PM's adviser role was still unfilled. Mr Raab faces allegations he bullied staff, which he denies.


Who is Sir Laurie Magnus?


*  Worked in financial services for 40 years, and is listed as a senior adviser at investment banking group Evercore

*  Former deputy chairman of the National Trust, he was appointed chairman of Historic England in 2013, then known as English Heritage

*  Sat on the board of the government's Culture Recovery Fund, set up to help cultural bodies during the Covid pandemic

*  Educated at Eton College and Oxford University, his title of 'Sir' is from the baronetcy he inherited from his uncle

*  Awarded a CBE in the late Queen's 2022 New Year's Honours list, for services to heritage

Opposition parties and the Committee on Standards in Public Life, an anti-sleaze watchdog, have long called for the PM's adviser role to be beefed up.

They argue the role is ineffective because the adviser cannot decide to launch their own investigations, and the PM decides whether the ministerial code has been broken.

Mr Sunak, however, has decided that Sir Laurie should keep the same remit and powers as the previous holders of the role.

Deputy Labour leader Angela Rayner criticised Mr Sunak for keeping the "rotten ethics regime he inherited from his predecessors".

"This weak prime minister is failing to deliver the integrity he promised, and instead has installed yet another toothless watchdog," she added.

Dave Penman, the boss of the FDA union representing senior civil servants, said Mr Sunak had missed an opportunity to "reset the relationship" between ministers and officials.

"Instead of that, he's followed exactly the same path as Boris Johnson did. So essentially he's continuity Johnson when it comes to the ministerial code," he added.


Statues controversy


Historic England, a public body, is responsible for caring for and listing historic buildings and sites.

As chairman, Sir Laurie oversaw the body's response to the toppling of a statue of 17th Century slave trader Edward Colston in Bristol in 2020 - which prompted a debate about the public commemoration of figures linked to the slave trade.

Later that year, Sir Laurie told MPs that Historic England's preference was to keep "contested" statues standing in public places - but to "re-contextualise and reinterpret" them through actions like updated inscriptions and artistic installations.

"If we do not do that, our collective past is going to be torn away slowly, piece-by-piece," he added.

"If we start tampering with the historic fabric associated with our collective past because things are contentious, we start changing the basis on which we can understand it."

Newsletter

Related Articles

0:00
0:00
Close
Laura Trott Pledges Tighter Controls on Political Activism in UK Classrooms
Welsh Ministers Launch Long-Term Review of North Wales and Anglesey Crossings
Welsh Government Orders 18-Month Study of Road Solutions Around Newport
Reform UK MP Sarah Pochin Faces Scrutiny Over £800,000 Second Home Purchase
British Households Grow More Concerned About Fuel and Energy Prices
NHS Leaders Warn of Rising Winter Pressure on Emergency Departments
Kemi Badenoch Proposes £2.3 Billion Employer National Insurance Cut for Young Workers
Middle East Conflict Could Erase UK Fiscal Headroom, Economists Warn
Manchester City Found Guilty of Multiple Premier League Financial Rule Breaches
UK Security Services Find Strong Indications of Iranian Role in RAF Fairford Incident
Costa Coffee Returns to Operating Profit on Iced Drinks and Menu Changes
Asos Warns Customers After Unauthorized Access to Retail App and Data
Kemi Badenoch Puts Growth and Deregulation at Center of Conservative Conference
Campaigners Warn of Deepening Social Care Crisis for Disabled Adults
Study Finds Rising Early-Onset Cancer Rates Among Adults Under 50 in Britain
UK Coach Operators Warn High Diesel Prices Could Force Route Cuts
FCA Opens Independent Review Into Handling of Epstein-Linked Whistleblower Case
Argentina Vows to Block Falkland Islands Offshore Oil Development
UK Chancellor Prepares Fiscal Measures and Welfare Reforms Ahead of Autumn Budget
Sainsbury’s and Morrisons Explore Potential Multi-Billion-Pound Merger
UK Weighs Tariffs on Chinese Electric Vehicles to Align With European Union
UK Threatens Diplomatic Expulsions Over Planned Closure of East Jerusalem Consulate
UK Energy Price Cap Hits Three-Year High as Middle East Conflict Raises Costs
Seventh Arrest Made in Suspected Terror Plot at RAF Fairford
Systemic Education Collapse Sparks Mass Student Uprisings in France
Green Party Faces Backlash Over Resolution Equating Zionism With Racism
Conservatives Debate Scrapping Environmental Rules for New Homes
Cornwall Insight Warns UK Energy Bills Could Approach £2,000 This Winter
UK Coach Operators Warn of Service Cuts as Diesel Prices Exceed £2
Scottish Parliament Approves £68 Billion Budget With New Tax and Property Measures
FCA Opens Independent Review Into Handling of Epstein Whistleblower
UK Government Drops Plan to Suspend Jury Trials in England and Wales
Bank of England Holds Interest Rate at 3.75% as Markets Watch November
Two Iranian Nationals Charged Over Alleged Plot Targeting Manchester Jewish Community
UK Fiscal Headroom Halves to £11 Billion Ahead of Budget, EY Warns
US Bomber Withdrawal From RAF Fairford Prompts UK Security Review
Sarah Wakfer Appointed Chair of Northern Ireland’s Health and Care Regulator
Scotland Housing Completions Fall to 11-Year Low Amid National Shortage
UK Water Companies Face Tougher Oversight and Unannounced Regulatory Inspections
Middle East Conflict Pushes UK Fuel and Wholesale Energy Prices Higher
Andy Burnham Raises Prospect of Second Brexit Referendum in Review of UK-EU Relations
EY Warns UK Fiscal Headroom Has Halved to £11 Billion Ahead of Autumn Budget
BT Accused of Pressuring Vulnerable Customers During Digital Landline Shift
British Carmakers Warn of Growing Pressure From EU-China Tariff Dispute
Green Party of England and Wales Adopts Motion Defining Zionism as Racism
Medical Charity Threatens NHS Legal Action Over Two-Year Autism and ADHD Assessment Waits
British Transport Police Report Record Rise in Violence on Railways
Glasgow Council Workers Face Pay Cuts Under Fire-and-Rehire Plan
British Medical Groups Press Prime Minister Andy Burnham to Cancel £330 Million Palantir NHS Contract
UK Faces Record Bluetongue Outbreak Across Livestock Farms
×