Zahawi's appointment at Very comes after he said on Thursday that he would not seek re-election as MP for Stratford-on-Avon, adding to a succession of prominent Conservatives who are stepping aside.
Zahawi will replace Aidan Barclay as the chair of Very, which operates the Very and Littlewoods retail brands. He is expected to start in the role on 1 June.
Under parliamentary rules, all former ministers must apply for approval by the Advisory Committee on Business Appointments (Acoba) before taking any job within two years of leaving their government role.
Acoba yesterday published advice to Zahawi, dated from February, approving the appointment and saying there was no direct overlap between Zahawi's government service and his new job. He will not be allowed to lobby government until January 2025.
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Bu hikaye The Guardian dergisinin May 14, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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