Who will be the next leader of the Conservative Party and by default, the PM?

[Alfie]

"“Sterling has really not moved since the prime minister announced the starting gun for the referendum. So my best expectation, with my 30 years of financial experience, is that there will not be an economic impact.” - Andrea leadsom

Hmmm.... &%+((£

[Myster]

I think you could be on to something here Brietta 

Her wiki page states the following:

After graduating in 1987, Leadsom began a career in the financial sector as a debt trader for Barclays de Zoete Wedd, then the investment bank division of Barclays Bank.[10] For Barclays itself, she was a Director in the Financial Institutions team from 1993. In this role, she was given a "ringside seat" in the collapse of Barings Bank.[11] Leadsom clashed with Barclay Investments then head Bob Diamond, who tried to persuade her to return to full-time work soon after a pregnancy, and she left the company in 1997 as a director of its financial institutions group.[10]

Leadsom became a managing director during 1997 of her brother in law's hedge fund, De Putron Fund Management (DPFM), remaining in the post until 1999.[12] Peter de Putron is her sister's husband.[10] However, according to documents at Companies House, Leadsom was registered as the Marketing Director working for DPFM for 13 months from 1998.[13]

Leadsom was Head of Corporate Governance and a Senior Investment Officer at Invesco Perpetual from 1999 to 2009. [3][14] According to a former colleague her actual job was to work (sometimes part-time) on “special projects”, mostly for the Chief Investment Officer, which included negotiating pay terms for senior fund managers - towards the end of her time, she advised on a number of governance issues, but she had no-one reporting to her in either role. That colleague said, with regard to her false public claims to have held more senior positions in private practice, that "the problem about these claims is that they risk misleading people into believing that she has finance management skills and experience which qualify her for senior posts in government".[15] Approval for individuals to manage funds or deal with clients is needed from the financial services regulator (then the Financial Services Authority), which Leadsom held from December 2002 to February 2003.[13]

Either of the roles I've highlighted above require 'permission' from the Financial Conduct Authority formerly known as the Financial Services Authority.  As such she would appear on its register as an 'approved person' even if she has since resigned from these positions.  She doesn't appear  &%+((£

https://register.fca.org.uk/shpo_nosearchresultpage?search=Andrea+Ledsom

Oh Dear!... I've gone off her already.      http://uk.businessinsider.com/andrea-leadsoms-cv-2016-7

[misty]

https://register.fca.org.uk/ShPo_IndividualDetailsPage?id=003b000000KTEIHAA5

Ms Andrea Jacqueline Salmon. Registered in her maiden name.

[Mr Gray]

Great speech by Corbyn re Blair
I really admire him for it

[mercury]

"“Sterling has really not moved since the prime minister announced the starting gun for the referendum. So my best expectation, with my 30 years of financial experience, is that there will not be an economic impact.” - Andrea leadsom

Hmmm.... &%+((£

Shes right

No one is going to let the uk crumble, time to get real

If the queens not bothered,all is well

[Holly Goodhead]

https://register.fca.org.uk/ShPo_IndividualDetailsPage?id=003b000000KTEIHAA5

Ms Andrea Jacqueline Salmon. Registered in her maiden name.

Thanks for demystifying that misty.

The register came into being in 2001.  AL married her current husband, Ben Leadsom, in 1993.  I'm not sure why she would want to use her maiden name but I guess some do eg Cherie Booth QC (Blair).

[Holly Goodhead]

Oh Dear!... I've gone off her already.      http://uk.businessinsider.com/andrea-leadsoms-cv-2016-7

I hadn't heard of her  until the Brexit campaign where I might have expected to if she played a significant role in managing investment funds at Invesco Perpetual.  Neil Woodford was IP's star performer with the flagship High Income fund:

https://en.m.wikipedia.org/wiki/Neil_Woodford

Anyway she is an advocate for something I have banged on about on the Bamber board - attachment theory! 

http://andrealeadsom.com/downloads/oxford-parent-infant-project-oxpip.pdf

https://www.theguardian.com/commentisfree/2016/jul/06/andrea-leadsom-right-talk-babies-tory-leadership

[stephen25000]

Andrea Leadsom does not have claimed experience as an investment banker despite suggestions that she managed billions of pounds, it has been alleged.

An investigation by The Times newspaper says that during her time at Invesco Perpetual, Ms Leadsom was only approved by the financial services regulator for three months.

This approval is required for any roles dealing with funds or clients.

Andrea Leadsom named 'worst Treasury minister ever'

One of her supporters, Tory MP Bernard Jenkin, has said she was responsible at one point for “for managing hundreds of people and billions of pounds”.

In the House of Commons she has also spoken of “managing the investment banks team at Barclays”.

But a former colleague, Robert Stephens, told the website Reaction that “she did not manage any teams, large or small, and she certainly did not manage any funds”.

http://www.independent.co.uk/news/uk/politics/andrea-leadsom-accused-of-misleading-claims-on-her-cv-a7122296.html


Confirmed on TV a few minutes ago in an interview with her, she did not manage any funds or conduct financial transactions.

Mmm.

However, she did manage people.

[Holly Goodhead]

I would not be surprised to see Andrea Leadsom withdraw from the race.  In fact I wouldn't be surprised to see her drop out of politics altogether. 

I have now had a detailed look at AL's entry on the FCA register:

https://register.fca.org.uk/ShPo_IndividualDetailsPage?id=003b000000KTEIHAA5   (need to click on 'history').

She appears for 3 months only from 01/12/2001 - 28/02/2002 (as reported in the press) and was authorised for controlled function CF 27 Investment Manager.

The following is the entry from the FCA's handbook showing various controlled functions:

https://www.handbook.fca.org.uk/handbook/SIFA/7/2.html?date=2006-07-06

If AL held the positions she claims she did I can confirm her record on the register would confirm this both in terms of the actual roles and dates.  It doesn't.

I worked in financial services from 1990 to 2013.  The register didn't come into being until 2001. All my roles were controlled functions and the register details them along with the relevant dates during 2001 to 2013.  AL claims she was head of corporate governance at Invesco Perpetual from 1999 to 2009.  This role carries a huge amount of responsibility.  She would effectively be responsible for oversight on circa £85 billion of assets held under management.  The controlled function for corporate governance is CF 8 - 12:

https://www.handbook.fca.org.uk/handbook/SIFA/7/2.html?date=2006-07-06

I really can't see any explanation for this other than she has been very economical with the truth!

[stephen25000]

I would not be surprised to see Andrea Leadsom withdraw from the race.  In fact I wouldn't be surprised to see her drop out of politics altogether. 

I have now had a detailed look at AL's entry on the FCA register:

https://register.fca.org.uk/ShPo_IndividualDetailsPage?id=003b000000KTEIHAA5   (need to click on 'history').

She appears for 3 months only from 01/12/2001 - 28/02/2002 (as reported in the press) and was authorised for controlled function CF 27 Investment Manager.

The following is the entry from the FCA's handbook showing various controlled functions:

https://www.handbook.fca.org.uk/handbook/SIFA/7/2.html?date=2006-07-06

If AL held the positions she claims she did I can confirm her record on the register would confirm this both in terms of the actual roles and dates.  It doesn't.

I worked in financial services from 1990 to 2013.  The register didn't come into being until 2001. All my roles were controlled functions and the register details them along with the relevant dates during 2001 to 2013.  AL claims she was head of corporate governance at Invesco Perpetual from 1999 to 2009.  This role carries a huge amount of responsibility.  She would effectively be responsible for oversight on circa £85 billion of assets held under management.  The controlled function for corporate governance is CF 8 - 12:

https://www.handbook.fca.org.uk/handbook/SIFA/7/2.html?date=2006-07-06

I really can't see any explanation for this other than she has been very economical with the truth!

Indeed Holly, if she has any honour she will withdraw.

I deleted a post about her yesterday saying what I thought of her.

Now it appears I was right. She is a B.S. artist.

[Holly Goodhead]

Indeed Holly, if she has any honour she will withdraw.

I deleted a post about her yesterday saying what I thought of her.

Now it appears I was right. She is a B.S. artist.

It certainly looks that way 

[Holly Goodhead]

To enable everyone to see what the register looks for a bona fide participant I've posted the link for Fred Goodwin (former CEO of RBS) 

https://register.fca.org.uk/ShPo_IndividualDetailsPage?id=003b000000LUT0WAAX

Click on 'history' near the bottom.

[Mr Gray]

shame we haven't got a politician of the quality of Mr Juncker EU President......one of the reasons we need to get out...

https://www.youtube.com/watch?v=XPgiI46FCDU

[Holly Goodhead]

Andrea Leadsom defeats Michael Gove:

http://www.telegraph.co.uk/

[Holly Goodhead]

shame we haven't got a politician of the quality of Mr Juncker EU President......one of the reasons we need to get out...

https://www.youtube.com/watch?v=XPgiI46FCDU