Revolving doors: MPs question appointment of former bankers’ lobbyist in senior tax role

‘George Osborne’s decision to appoint a former bankers’ lobbyist as an independent tax adviser has been questioned by an influential parliamentary committee.

The Treasury select committee expressed concerns on Tuesday over Angela Knight’s previous role as chair of the British Bankers’ Association (BBA) during the Libor scandal, her lack of tax knowledge and potential conflicts of interest with current directorships.

Knight, a former Tory MP, was appointed chair of the new Office of Tax Simplification (OTS) by the chancellor in December. The office’s remit is to reduce complexities in the tax system, which have been blamed for allowing corporate tax avoidance.’

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