Matt Hancock and his sister own shares in a company that has won NHS contracts

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Matt Hancock faces new ‘favoritism’ after it turns out he and his sister own stock in a company that won NHS contracts

  • Matt Hancock stated that he had acquired 15 percent of the shares in shredder Topwood
  • The company has been awarded a contract worth £ 300,000 from NHS Wales
  • Mr. Hancock has not publicly stated that his sister also owns stock in the company
  • Government spokesman insisted that Mr Hancock had acted “completely correctly”

Matt Hancock is facing a new ‘favoritism’ today after it emerged that he and his sister own shares in a company that has won contracts from the NHS.

The health secretary stated last month that he had acquired 15 percent of the shares in Topwood Ltd, which specializes in securely storing, shredding and scanning documents.

It was awarded £ 300,000 in cases by NHS Wales this year.

However, when registered in the MPs’ register of interests, it was not mentioned that his sister Emily Gilruth also owns shares and is a director of the company, or that it has connections with the health service.

Matt Hancock is facing a new 'favoritism' feud today after it was revealed that he and his sister own shares in a company that has won contracts from the NHS

Matt Hancock is facing a new ‘favoritism’ feud today after it was revealed that he and his sister own shares in a company that has won contracts from the NHS

Mr. Hancock stated last month that he had acquired 15 percent of the shares in Topwood Ltd

Mr. Hancock stated last month that he had acquired 15 percent of the shares in Topwood Ltd

Mr. Hancock stated last month that he had acquired 15 percent of the shares in Topwood Ltd

Topwood gained a place in the Shared Business Services framework as a potential supplier to local NHS trusts in 2019, the year after Mr. Hancock took charge of the Department of Health.

A government spokesman insisted that Mr. Hancock – who said he had a ‘delegated management arrangement’ for the ‘donated’ shares – had acted ‘completely correctly’.

Mr. Hancock acted perfectly correctly in these circumstances. All declarations of interest have been made in accordance with the Ministerial Code. Ministers are not involved in the award of these contracts and there is no conflict of interest. ‘

After the situation was highlighted by the Health Service Journal, sources insisted that Mr. Hancock had discussed the matter with the Permanent Secretary before accepting the shares, and was told that any conflicts could be handled if they arise.

The health secretary would not have “active participation” in the business of the company and was not involved in awarding contracts.

But shadow health secretary Jonathan Ashworth told the BBC he was ‘shocked’ that a company linked to Mr Hancock’s family was given a place under the NHS as a potential supplier.

“Unfortunately, I suspect that no one is surprised anymore at the favoritism at the heart of this government,” he said.

The company received £ 300,000 in business from NHS Wales this year

The company received £ 300,000 in business from NHS Wales this year

The company received £ 300,000 in business from NHS Wales this year

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