Andrew Griffith was promoted from Shadow Business Secretary to Shadow Chancellor this week. He became Tory MP for Arundel and South Downs in 2019, having previously worked as a senior executive in the media industry. He was Sky’s CFO from 2008 – the youngest FTSE 100 finance director at the time – and later COO…
In government he did a stint as junior exports minister in 2022 and had other roles including minister for science, research and innovation, economic secretary to the Treasury, and director of the Number 10 Policy Unit. He also served as Boris Johnson’s chief business adviser prior to becoming an MP. Reform has attacked various bog-standard releases from Griffith from his ministerial days celebrating Net Zero…
Guido has done some digging on Griffith’s policy views. He:
The abolition of Inheritance Tax is seen as a likely Conference policy rabbit. Griffith has railed against it for years…
Former Treasury minister and adviser to Burnham in the Makerfield campaign Lord Jim O’Neill, who has turned down a role in his government, said Burnham’s first statement Commons was:
“The last thing investors wanted to hear… gilt yields have risen by a 0.25% in one day, which is a lot. We’ve not had that since Liz Truss days… If your country is under the focus of ‘can they come up with a sensible fiscal strategy’ on a day when the markets think ‘well no, you’re not showing any sign of it’ you’re going to have a tough day…if it stays like this your mortgage rate is going up.”