When business headhunts former ministers and civil servants, one has to ask whether its their skills that the companies seek, or rather access to power and insider information. In the UK, we have always asked civil servants and ministers to regulate themselves. But a few recent examples reported in BBC Radio's File on Four programme on the topic suggest that not everyone is good at maintaining Chinese walls when they pass through the revolving door.
As I argue in my recent report for Transparency International UK and a guest post on the blog of Democratic Audit, the regulatory system in the UK urgently needs reform.
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