London Daily

Focus on the big picture.
Sunday, Nov 01, 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
Home Office Expands Border Security Operations and Intelligence Sharing With European Partners
Office for National Statistics Reports Modest Retail Sales Growth Ahead of Crucial Christmas Trading Season
Welsh Government Unveils Strategic Plan to Boost Regional Technology Innovation and Digital Skills Training
Department for Environment Food and Rural Affairs Implements New Agricultural Subsidies Framework for English Farmers
Scottish First Minister John Swinney Announces Major Regional Infrastructure and Green Energy Investment Strategy
National Health Service Leaders Warn of Severe Winter Pressures and Mounting Accident and Emergency Backlogs
Bank of England Monetary Policy Committee Signals Cautious Interest Rate Path Amid Persistent Services Inflation
Chancellor of the Exchequer Rachel Reeves Finalizes Autumn Budget Framework Aiming to Close Public Sector Fiscal Gap
Department for Science, Innovation and Technology Prepares Enhanced Artificial Intelligence Safety and Cyber Defense Frameworks
United Kingdom Government Expands International Sanctions Framework Against Russian Shadow Fleet and Financial Enablers
Institute of Directors Reports Sharp Post-Budget Drop in Business Confidence Despite Long-Term Investment Intention Shifts
Chancellor John Healey Defends Sweeping Fiscal Adjustments and Household Support Packages Following Autumn Budget
Parliamentary Petitions Committee Schedules Major Legislative Debates on Special Educational Needs and Non-Stun Meat Labelling
Regional Devolution and Good Growth Fund Frameworks Reshape Local Government Funding Across English Regions
Loughborough University Economic Analysts Highlight Substantial Uncertainty Surrounding Public Sector Efficiency Savings
British Legal Sector Drives Sixty Billion Pounds in Annual Economic Output While Employing Over Half a Million Professionals
Law Society Welcomes New Better Regulation Executive While Pressing for Long-Term Legal Aid Funding Reform
Metropolitan Police and Security Services Heighten Operations Across London Ahead of Large-Scale Public Demonstrations
Bank of England Economists Scrutinize Corporate Tax Adjustments and Public Sector Borrowing Pressures
Chancellor John Healey Defends Autumn Budget Tax and Spending Allocations Following Intense Parliamentary Scrutiny
Department for Environment, Food and Rural Affairs Implements Strict Water Quality Monitoring Rules Following Severe Rainfall and Flooding
Welsh Government Unveils Comprehensive Regional Housing Strategy to Address Rural Affordability and Homelessness Pressures in Cardiff
Office for National Statistics Reports Slowing Consumer Price Inflation and Steady Retail Performance Across United Kingdom Markets
Northern Ireland First Minister Michelle O'Neill and Deputy First Minister Emma Little-Pengelly Advance Cross-Border Infrastructure Agreement in Belfast
Competition and Markets Authority Launches Formal Investigation Into Artificial Intelligence Partnerships Involving Major Technology Corporations
Scottish First Minister John Swinney Secures Cross-Party Support for Devolved Budget Framework and Renewable Energy Expansion
High Court Rules in Favor of Environmental Campaigners Over Department for Energy Security and Net Zero Licensing Procedures
National Health Service England Announces Major Digital Modernization and Artificial Intelligence Diagnostic Rollout Across Regional Trusts
Bank of England Monetary Policy Committee Signals Cautious Approach to Interest Rate Cuts Amid Persistent Wage Growth and Inflation Pressures
British Prime Minister Keir Starmer and Chancellor Rachel Reeves Outline Strategic Infrastructure Plans to Boost Regional Growth and Private Investment
Water pollution remains high despite £5bn investment
Regional Economic Divergence and Industrial Transformation
Technological Sovereignty and Regulatory Scrutiny
Fiscal Consolidation and Public Service Pressures
Automotive Industry Leadership Warns of Imminent Supply Chain Disruptions Following Recent European Trade Negotiations
High Court Delivers Landmark Ruling Affirming Strict Legal Protections for Corporate Data Privacy Against State Surveillance
Welsh First Minister Eluned Morgan Secures Additional Funding for Regional Transport Infrastructure and Rail Modernization
Scottish First Minister John Swinney Announces Major Green Energy Infrastructure Investment Package for Aberdeen
Department for Work and Pensions Proposes Sweeping Welfare Reforms to Incentivize Long-Term Unemployed Back into Work
Competition and Markets Authority Launches Formal Investigation into Artificial Intelligence Partnerships Involving Major Tech Giants
United Kingdom Foreign Secretary David Lammy Concludes High-Level Strategic Talks in Washington on Middle East Security
National Health Service England Unveils Emergency Winter Resilience Plan to Combat Projected Surge in Emergency Admissions
Bank of England Governor Andrew Bailey Signals Cautious Approach to Interest Rate Cuts Amid Persistent Inflation
British Chancellor Rachel Reeves Finalizes Corporate Tax Overhaul Ahead of Autumn Budget to Fund Public Services
Automotive Manufacturers Urge Government Action as High Energy Costs and Global Supply Chain Disruptions Threaten Production
Metropolitan Police Issue Formal Apology Following Inadvertent Release of Confidential Information During High-Profile Investigation
Scottish Finance Secretary Shona Robison Unveils Devolved Budget Highlighting Housing and Public Service Adjustments
Energy Regulator Office of Gas and Electricity Markets Prepares to Remove Household Gas Standing Charges Following Treasury Mandate
Treasury Confirms Reversal of Planned Cash Individual Savings Account Allowance Reduction Protecting Twenty Thousand Pound Limit
Office for Budget Responsibility Revisions Predict Moderate United Kingdom Economic Growth with Elevated Inflation Pressures
×