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Grant Shapps quits aerospace firm after watchdog probe

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Grant Shapps quits aerospace firm after watchdog probe
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Sir Grant Shapps has resigned from his position as chairman of Cambridge Aerospace following a probe by a ministerial ethics watchdog. The resignation comes amid concerns that he may have violated rules regarding former ministers' employment in defense-related roles. Shapps stated he had no involvement in the company's military work but acknowledged an oversight in not seeking further advice as the company began working on defense matters.

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BBC News — Politics
Read full at BBC News — Politics →
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Grant Shapps quits aerospace firm after watchdog probe6 minutes agoShareSaveAdd as preferred on GooglePA MediaSir Grant Shapps served as defence secretary under Rishi SunakA former Conservative defence secretary has quit his job with a missile manufacturer over concerns he broke the rules governing the employment of former ministers.Sir Grant Shapps resigned as chairman of Cambridge Aerospace on 30 April "to simplify matters" and after the firm secured a multi-million-pound government missile contract.He said he had no involvement in the deal or the company's military work and, despite a title of "chairman", had not chaired its board or been a director, but was "one of several co-founders".Ministerial ethics watchdog Sir Laurie Magnus said he had "allowed a perception of impropriety to…

Excerpt limited to ~120 words for fair-use compliance. The full article is at BBC News — Politics.

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