London Daily

Focus on the big picture.
Monday, Jul 20, 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
London’s Housing Starts Collapse as Planning and Building Costs Stall Development
Charlie Sheen’s Daughter: "My Dad Didn’t Buy Me a House, My Breasts Bought It"
Vivienne Westwood Casts Cicciolina, 74, in Its New Autumn Campaign
Dejavu: Germany’s Military Expansion Reshapes Europe’s Strategic Balance With France
Tate Brothers Fight British Extradition Bid After Miami Arrests
Burnham Reshapes Britain’s Government Around Living Costs, Devolution and Security
Jingye Demands Full Compensation After Britain illegally Nationalized British Steel
Just Another Liar or a Robin Hood? Andy Burnham Pledges Cost-of-Living Help in First Speech as UK Prime Minister
Morgan Stanley Builds a Wall Street Lead in AI Infrastructure Finance
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Brilliant move: Péter Magyar Moves to Nominate Chess Grandmaster Judit Polgár as Hungary’s President
Spain Defeats Argentina in Extra Time to Win Second World Cup
Police Block Cockroach Janta Party’s March to Parliament as Education Protests Intensify
Current AI Seeks to Build an Open Global AI Infrastructure Outside Big Tech Control
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
Josh Kerr Breaks Twenty-Seven-Year World Mile Record at London Diamond League
Thames Water Crisis Deepens as South East Water Outages Hit Thousands in Kent
EU Ban on Destroying Unsold Clothing Forces British Fashion Brands to Change Operations
UK Government Confirms Existing North Sea Oil and Gas Licences Will Be Honoured
UK Covid Inquiry Finds Nearly Ten Billion Pounds Lost in Pandemic Protective Equipment Procurement
Thames Water Moves Toward Possible Temporary Nationalisation Amid Rescue Plan Dispute
Andy Burnham Cancels One Point Eight Billion Pound Digital ID Programme After Taking Office
UK Government Takes British Steel Into Full Public Ownership to Protect Jobs and Supply Chains
Andy Burnham Becomes UK Prime Minister and Pledges Focus on Living Costs and Public Services
Germany’s Economic Malaise Reopens the Sunday Shopping Debate
Singapore Considers Lower Taxes for Fund Managers as Hong Kong Intensifies Talent Contest
US Retaliates Against Iran After Two American Troops Killed in Jordan
Bank of Asia BVI Enters Court-Supervised Liquidation After Regulators Find It Insolvent
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Netherlands Declares Water Shortage Emergency After Drought Pushes Rivers to Historic Lows
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Brothers Andrew and Tristan Tate Who Turned "Toxic Masculinity" Into a Brand Arrested in Miami as Britain Seeks Their Extradition
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Gold and Cash Seizure Puts Indonesia’s Senior Anti-Corruption Prosecutor Under Investigation
The Ledger Will Not Trust on Faith
Bank of England Warns Climate Shocks Could Trigger Sudden Asset Repricing
UK Treasury Places Microsoft, Google, AWS and Oracle Under New Financial Resilience Rules
Scottish Government Faces Pressure Over Delays in Vulnerable Group Background Checks
Crown Prosecution Service Authorises Additional Charges Against Andrew and Tristan Tate
NHS Approves At-Home Cancer Treatments for Rare Blood Disorders
Bank of England Gains Oversight of Major Cloud Providers Supporting UK Financial System
UK Government Plans Major Overhaul of English Local Councils Through New Unitary Authorities
British Steel Nationalisation Dispute Escalates as Chinese Owner Jingye Seeks Compensation
Bank of England Signals Interest Rates Will Stay High as It Warns of Financial Risks From Climate and AI
Trump Administration Pressures Banks to Restrict Financial Access for Undocumented Immigrants
×