''House of Bankers: 16% of Lords are paid by City firms''

From The Bureau Investigates

''The House of Lords is awash with voices from the City. According to research by the Bureau, 16% of active peers benefit from links to the financial services sector.

A trawl of the register of Lords’ interests shows that 124 out of 775 active unelected members have financial services clients or hold paid positions in finance firms. The figure does not include members who hold unpaid advisory positions on finance companies or lobby groups.''

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