Javid takes up new senior adviser role with Jpmorgan

SAJID JAVID has taken a new job as an adviser at the multinational investment bank Jpmorgan.

The former chancellor, whose career before politics was in banking, will join the company’s Europe, Middle East and Africa Advisory Council as a senior adviser.

Mr Javid, who resigned from the Cabinet in February after being told his entire team of advisers would be sacked and replaced with Number 10 appointees, will remain as the MP for Bromsgrove.

His move follows in the footsteps of Tony Blair, who still works as a global adviser to the banking giant.

Jpmorgan did not comment on how much Mr Javid would be paid, but said it was a paid position and has approval of the Advisory Committee on Business Appointments at the Cabinet Office, according to the Evening Standard.