Billions Spent on Secret Corporate Lobbying in UK Parliament

‘An estimated US$3 billion is spent on corporate lobbying of British lawmakers every year, much of which is being done secretively, with as much as US$5.2 million being paid to members of parliament for external advisory roles, Sputnik has been told.

Research by Transparency International found that fewer than 4 percent of lobbyists are covered by the government’s new lobbying register, which means that the vast majority are unaccountable. Eight out of ten of the most frequent lobbyists are from FTSE 100 companies, which shows that lobbying is dominated by the corporate world.’

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