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Health official's shareholding sparks ethics probe

Financial Times Companies •
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Samantha Jones, the permanent secretary at the Department of Health and Social Care, was found to hold shares in a leading children’s home operator. The disclosure emerged during a routine conflict‑of‑interest review, prompting calls for stricter oversight of senior civil servants’ private holdings. Critics argue the stake could compromise policy decisions affecting vulnerable families. The revelation sparked immediate calls for a formal inquiry.

The operator, valued at roughly £200 million, runs dozens of facilities across England and receives substantial public funding. Jones’s ownership, estimated at less than 0.5 % of the company, was not declared in the departmental register until media scrutiny forced a review. The episode revives debate over whether senior officials should be barred from any equity in entities they regulate. Stakeholders fear similar conflicts in health contracts.

Parliamentary committees have urged the civil service to tighten disclosure rules, warning that undisclosed interests risk eroding public trust. The Department has pledged a full audit of all senior staff holdings and said any breaches will trigger disciplinary action. Jones has agreed to divest the shares within a month, highlighting pressure to separate personal gain from duty. The case may prompt a broader review of civil‑service ethics.