this post was submitted on 10 Feb 2024
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UK Politics

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General Discussion for politics in the UK.
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[–] stsquad@lemmy.ml 3 points 7 months ago (1 children)

I don't think he's making active investment decisions. In fact I'm almost certain it will be some sort of blind trust which is the usual mechanism ministers use for their investments when they go into office.

[–] knfrmity@lemmygrad.ml 2 points 7 months ago

I know that's common practice and sometimes even the law, but it doesn't matter if it's a blind trust. The decisions made by the person getting the money are more influenced by how much they stand to gain or lose, and less by what the people want and need.

The point is that the people cannot possibly trust a representative who has higher priorities than serving the people.