Labour peer apologises for writing to Treasury to promote crypto firm he advised

Standards commissioner finds Iain McNicol broke Lords code of conduct by ‘providing a parliamentary service in return for payment’A Labour peer and trade envoy for Keir Starmer has apologised for breaking the House of Lords code of conduct by writing to the Treasury to promote a cryptocurrency firm that was paying him.Iain McNicol, a former general secretary of the Labour party, was found to have breached the rules by offering a paid parliamentary service on behalf of Astra Protocol in June 2023. Continue reading...

May 14, 2025 - 14:50
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Labour peer apologises for writing to Treasury to promote crypto firm he advised

Standards commissioner finds Iain McNicol broke Lords code of conduct by ‘providing a parliamentary service in return for payment’

A Labour peer and trade envoy for Keir Starmer has apologised for breaking the House of Lords code of conduct by writing to the Treasury to promote a cryptocurrency firm that was paying him.

Iain McNicol, a former general secretary of the Labour party, was found to have breached the rules by offering a paid parliamentary service on behalf of Astra Protocol in June 2023. Continue reading...