Difference between revisions of "Finsbury"

From Powerbase
Jump to: navigation, search
(Selected Transactions)
m (category consolidation - changed 'Brexit Lobbyists - Remain' to 'Brexit Lobbyist - Remain'.)
 
(143 intermediate revisions by 12 users not shown)
Line 1: Line 1:
Finsbury is a PR company owned by [[WPP]] with clients that include [[Cable & Wireless]], the [[HMV Media Group]], [[Abbey National]], [[Trinity Mirror]] and [[Lloyds TSB]]. They have 28 clients in the FTSE 100/Euro 300 list of top UK/Euro companies and they provide PR for more than 10% of the top 200 UK companies. They paid more than £5,000 to the Labour Party for 'tickets for dinners' in 1999-2000. Finsbury is 75% owned by Roland Rudd, who made £41 million by selling the company to [[WPP]] in May 2001. Another two Directors, [[Rupert Younger]] and [[James Murgatroyd]], will share another £14 million between them from the sale.
+
{{Template:Lobbying_Portal_badge}} '''Finsbury''' is a leading, London-based financial PR and lobbying company.  
  
[[Roland Rudd]] is the son of a Stockbroker. He was President of the Union at Oxford University and a former journalist with the Independent, Sunday Correspondent and the Financial Times. He is a friend of [[Peter Mandelson]], spending time during the 2001 election campaign to help him at his Hartlepool constituency. [[Rupert Younger]] is the nephew of Viscount [[George Younger]] (Chairman of the [[Bank of Scotland]]). James Murgatroyd is a former banker with [[Dean Witter]].
+
It describes itself as providing "an integrated service advising on all areas of communication with the global financial community, including financial media, political & regulatory affairs and investor relations." <ref>[http://www.finsbury.com Finsbury website]</ref>
  
 +
[[Image:Finsbury.jpg|350px|right|thumb|Finsbury, Tenter House, 45 Moorfields, London EC2Y 9AE (next to Moorgate station)]]
 +
==Company structure and history==
 +
Finsbury was founded in London in October 1994 and in 2001 was taken over to become part of the [[WPP]] group. Finsbury was 75 percent owned by [[Roland Rudd]], who made £41 million by selling the company. Another two directors, [[Rupert Younger]] and [[James Murgatroyd]] shared another £14 million between them from the sale.<ref>ref needed</ref>
 +
Finsbury's work on EU political & regulatory issues is done via [[Finsbury International Policy & Regulatory Advisors]] ([[Fipra]]).
 +
 +
In July 2011 Finsbury Group ("Finsbury") and [[Robinson Lerer & Montgomery]] ("RLM"), merged to create [[RLM Finsbury]]. <ref> WPP, [http://www.wpp.com/wpp/press/press/default.htm?guid={f2f1d716-799a-4eaa-83bd-939750079f23} Finsbury Group and Robinson Lerer & Montgomery announce merger], Press release dated 19 July 2011, accessed 26 April 2012 </ref>
 +
 +
===Global 'partnership'===
 +
In May 2017 Finsbury formed a partnership with US PR and lobbying firm, the [[Glover Park Group]], having previously partnered with German / Brussels communications firm, [[Hering Schuppener]] in April 2016. The three firms will, they say, be able to support clients in the 'major international centres of business, finance and policymaking'.<ref>[http://www.finsbury.com/2017/05/03/finsbury-glover-park-group-hering-schuppener-form-global-strategic-partnership/ Finsbury, The Glover Park Group and Hering Schuppener form global strategic partnership ], Finsbury website, 3 May 2017</ref>
 +
 +
==Reform Europe 'to meet business needs'==
 +
In 2007 Rudd was founding chairman of the campaign group, [[Business for New Europe]] (BNE), which wants Britain to play a leading role inside the EU - reforming it to meet business interests and needs, and expansion to include Turkey. Sir [[Nigel Rudd]] (no relation), chairman of [[BAA]] from August 2007, and [[Roger Carr]], who went on to chair energy giant [[Centrica]] - two of Finsbury's most productive supporters - are on BNE's advisory board. [[Martin Sorrell]], head of owners [[WPP]] also sits on the BNE advisory group. 'Rudd and Sorrell like to think they're plugged in, they exchange gossip', it is reported. Rudd in 2007 said of BNE: 'I enjoy it enormously because it enables me to engage with Ed [Balls], with [[George Osborne]] on the Tory side and [[Chris Huhne]] and [[Nick Clegg]] from the Lib Dems.'<ref>[http://www.managementtoday.co.uk/search/article/674493/the-mt-interview-roland-rudd/ Management Today], August 2007</ref>
 +
 +
===Donations to 2016 referendum on Britain's EU membership===
 +
The Finsbury Group donated £7,508.50 on 04 April 2016 to [[Britain Stronger in Europe]], the lead pro-EU campaign in Britain's referendum on membership of the EU in June 2016.
 +
It gave another £18,904.60 in May 2016.<ref>Electoral Commission, [http://search.electoralcommission.org.uk/Search/Donations?currentPage=12&rows=10&sort=Value&order=desc&tab=1&open=filter&et=perpar&date=Reported&from=2016-04-01&to=2016-05-03&prePoll=true&postPoll=false&optCols=AccountingUnitsAsCentralParty&optCols=IsSponsorship&optCols=RegulatedDoneeType&optCols=CompanyRegistrationNumber&optCols=Postcode&optCols=NatureOfDonation&optCols=PurposeOfVisit&optCols=DonationAction&optCols=ReportedDate&optCols=IsReportedPrePoll&optCols=ReportingPeriodName&optCols=IsBequest&optCols=IsAggregation Donor Search], accessed 16 May 2016</ref><ref> James Slack and Jack Doyle, [http://www.dailymail.co.uk/news/article-3585814/Bankrolled-fat-cats-Big-banks-fund-Dave-s-EU-fight-tune-2million.html Bankrolled by fat cats: Big US banks fund Dave's EU fight to the tune of £2million], ''Daily Mail'', 12 May 2016 </ref>
 +
 +
Recorded by the Electoral Commission:
 +
<table cellspacing="0" cellpadding="3" border="1" float="left" align="left" width="100%">
 +
<tr>
 +
<th bgcolor="goldenrod" width="20%">Date</th>
 +
<th bgcolor="goldenrod" width="20%">Name of donor</th>
 +
<th bgcolor="goldenrod" width="20%">Amount</th>
 +
<th bgcolor="goldenrod" width="20%">Donated to</th>
 +
</tr>
 +
 +
<tr>
 +
<td align="center">13/05/2016</td>
 +
<td align="center">Finsbury Group Ltd</td>
 +
<td align="center">£18,904.60</td>
 +
<td align="center">[[Britain Stronger in Europe]]</td>
 +
</tr>
 +
 +
<tr>
 +
<td align="center">20/04/2016</td>
 +
<td align="center">Finsbury Group Ltd</td>
 +
<td align="center">£7,508.50</td>
 +
<td align="center">[[Britain Stronger in Europe]]</td>
 +
</tr>
 +
</table><ref name="EC">Electoral Commission, [http://search.electoralcommission.org.uk/Search/Donations?currentPage=4&rows=10&query=Finsbury&sort=DonorName&order=asc&tab=1&open=filter&et=pp&et=ppm&et=tp&et=perpar&et=rd&prePoll=false&postPoll=true&optCols=CampaigningName&optCols=AccountingUnitsAsCentralParty&optCols=IsSponsorship&optCols=RegulatedDoneeType&optCols=CompanyRegistrationNumber&optCols=Postcode&optCols=NatureOfDonation&optCols=PurposeOfVisit&optCols=DonationAction&optCols=ReportedDate&optCols=IsReportedPrePoll&optCols=ReportingPeriodName&optCols=IsBequest&optCols=IsAggregation Finsbury Group Donation Search], accessed 22 June 2016</ref>
 +
 +
==Political links==
 +
Finsbury has close ties to New Labour through its founder Roland Rudd. For example, Rudd is friends with [[Peter Mandelson]] and [[Ed Balls]], a close confident of [[Gordon Brown]]. Rudd says: "I've a very good relationship with Ed (Balls) - he's been a friend from FT days". He also knows [[David Cameron]], who was a client when Cameron was at [[Carlton]]: "He came to dinner with our clients recently (2007). I was pleased - it showed he's not tribal," says Rudd.<ref>[http://www.managementtoday.co.uk/search/article/674493/the-mt-interview-roland-rudd/ Management Today], August 2007</ref> It's reported that Rudd has "finely honed social and political connections":
 +
:Dinners at his grand house in Kensington are relaxed, informal occasions. Sophie [his wife], who designs women's eveningwear, will be there. The guests will include a client or two, heads of large companies, a top banker, a senior journalist and a Cabinet minister and their other halves. Even [[Tony Blair]] has supped at his table. Rudd was one of four people who met at the house of [[Charles Dunstone]], the [[Carphone Warehouse]] magnate, to plot the ex-PM's next move in the run-up to Blair's departure."<ref>[http://www.managementtoday.co.uk/search/article/674493/the-mt-interview-roland-rudd/ Management Today], August 2007</ref>
 +
 +
Rudd also held a garden party on 28 June 2007 to raise funds for the [[NSPCC]].<ref>Robert Peston, Who Runs Britain?, published 2008, Hodder and Staughton</ref> Present were retailer Sir [[Philip Green]], owner of [[Arcadia]] (Topshop, Burton and others), [[Paul Dacre]], editor of the [[Daily Mail]] and [[Paul Myners]], former chairman of [[Marks & Spencer]] who was appointed Financial Services Secretary (a position sometimes referred to as City Minister) in [[HM Treasury]] by Prime Minister [[Gordon Brown]] in October 2008. Baron Myners was given a peerage at the same time.
 +
 +
Conservative London Mayor [[Boris Johnson]] was also a guest of Rudd's. He flew home from the 2009 [[World Economic Forum]] in Davos in February on Rudd's private jet.<ref>[http://www.guardian.co.uk/theobserver/2009/feb/22/pendennis Pendennis, Observer diary], 22 Feb 2009</ref>
 +
In addition:
 +
*Finsbury paid more than £5,000 to the Labour Party for 'tickets for dinners' in 1999-2000.
 +
*The firm previously hired the Lord Chancellor [[Lord Falconer]].
 +
*In 2001 Finsbury's party guests included the present culture secretary [[Tessa Jowell]] and education minister (and peer) [[Andrew Adonis]], as well as the then Labour party boss, also since ennobled, [[Lord Triesman]].
 +
*Finsbury then won the 2002 contract to advise then Transport Secretary [[Stephen Byers|Stephen "Liar" Byers]] over the [[Railtrack]] collapse.
 +
*In 2006 [[Tony Blair]]'s eldest son [[Euan Blair|Euan]] did work experience at Finsbury. Private Eye commented: "So look out for the pay-off... most likely to come for such a selfless act as explaining to Blair the Younger the dark arts of being paid to lie..."<ref>[http://www.spinwatch.org/-news-by-category-mainmenu-9/163-british-government/2466-blair-the-younger-does-work-experience-with-city-spin-doctors  Blair the Younger does work experience with City spin doctors] ''Private Eye'', February 6, 2006, Issue 1150</ref>
 +
 +
==Lobbying==
 +
Finsbury has regular discussions with government. In response to Parliamentary questions in 2008-09, it is known that Rudd, often through the BNE, organised 4 breakfast meetings, two dinners, and a number of conferences with senior Ministers at the Department for Business in 2008:<ref>[http://www.publications.parliament.uk/pa/cm200809/cmhansrd/cm090112/text/90112w0098.htm Hansard], written answers 12 Jan 2009 (Column 453W—continued)</ref>
 +
 +
*[[John Hutton]], when he was Secretary of State for Business, met with BNE members (Sept 2007); attended a BNE breakfast event (Dec 2007); talked on the phone with Rudd (Jan 2008);  spoke at the BERR/FCO ‘Business Priorities for a Global Europe’ Conference was organised in co-operation with BNE, which Rudd chaired (Jane 2008); attended a dinner with BNE members (June 2008); met with Rudd (Oct 2008);
 +
*Lord [[Peter Mandelson]], Hutton's predecessor as Secretary of State for Business (Oct 2008-), attended two breakfast meetings with Roland Rudd and several BNE company members to discuss EU economic reform issues (both Dec 2008).
 +
*[[Shriti Vadera]], another Business minister (Nov 2008 - May 2010) formerly with investment bank [[UBS Warburg]],  also attended a breakfast meeting with BNE and Rudd (Oct 2008); a dinner with Rudd and "other guests" (March 2008); spoke at a BNE Enlargement Seminar (May 2008); and attended the Global Europe Business Summit alongside Rudd (Dec 2008). Also attending were president of France, [[Nicolas Sarkozy]], [[Gordon Brown]], and the president of the European Commission, [[José Manuel Barroso]].
 +
 +
Finsbury has also made representations to a number of other Ministers and officials in other departments:
 +
*Treasury: It arranged a dinner on 19 April 2007, at which [[John Kingman]], the former Second Permanent Secretary at the Treasury was present.<ref>LIST OF HOSPITALITY RECEIVED BY BOARD MEMBERS OF GOVERNMENT DEPARTMENTS, 1 JANUARY – 31 DECEMBER 2007, released by the Cabinet Office, Feb 2009</ref> At the time Kingman was second in command at the Treasury and managing director of finance.<ref>[http://business.timesonline.co.uk/tol/business/movers_and_shakers/article3031255.ece Business big shot: John Kingman], The Times, 11 Dec 2007</ref> He is now chief executive of [[UK Financial Investments]] ([[UKFI]]), the body charged with managing the Government's investments in Britain's banks.<ref>[http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/4561354/John-Kingman-and-Glen-Moreno-to-appear-before-MPs.html John Kingman and Glen Moreno to appear before MPs], Telegraph 08 Feb 2009</ref>
 +
*Transport: The Minister of State for Transport met with a representative of Finsbury on 12 and 16 December 2007.<ref>[http://www.publications.parliament.uk/pa/cm200809/cmhansrd/cm081218/text/81218w0016.htm#0812191006476 Hansard], 18 Dec 2008 (Column 1002W—continued)</ref>
 +
 +
==Key People==
 +
*[[Roland Rudd]], Finsbury founder and chairman of RLM Finsbury. Along with [[Alan Parker]] of [[Brunswick]], Rudd has 'dominated financial PR in London in the past decade or so'. Both men also counted both [[Gordon Brown]] and [[David Cameron]] as wedding guests.<ref>[http://www.cityam.com/index.php?news=12519 City AM], March 2008</ref> Rudd is very well connected with both leading politicians and CEOs (see below). He began as policy coordinator for Lord [[David Owen]], before becoming a financial journalist. Rudd is a close friend of [[Peter Mandelson]] and his sister is [[Amber Rudd]], who was elected as the [[Conservative Party]] MP for Hastings and Rye in 2010 and became Home Secretary in July 2016.<ref> John Arlidge, [http://www.timesonline.co.uk/tol/news/politics/article7133842.ece Britain's new political elite] ''The Sunday Times'' 23rd May 2010, accessed 11th October 2011 </ref> and is now a Conservative minister.
 +
*[[Rupert Younger]], nephew of Viscount [[George Younger]] (former chairman of the [[Bank of Scotland]]). Ex-[[Brunswick]]. Co-founder in 1984 and since 2008 has been a consultant to Finsbury, shared £14 million in proceeds from the sale of Finsbury with [[James Murgatroyd]] a former banker with [[Dean Witter]].
 +
*[[Adam Atashzai]], a former deputy political director to Prime Minister [[David Cameron]] reportedly joined Finsbury in late 2016.
 +
*[[David Henderson]], worked for four years as a Downing Street economics advisor helping to prepare both [[Gordon Brown]] and [[David Cameron]] for Prime Ministers' Questions.
 +
*[[Scott Colvin]], heads Finsbury’s UK public affairs team. Previously worked as a 'campaigns specialist' at Conservative HQ advising three consecutive party leaders, as well as Prime Minister, [[Theresa May]], when she was chairman.
 +
*[[Hugo FitzGerald]], Managing Director in Finsbury’s Political & Regulatory team; previously worked for the [[Conservative Party]] for the 2016 EU referendum and London Mayoral campaigns and playing a key role in the 2010, 2015 and 2017 General Election campaigns, where he managed strategic campaign activity for the Prime Minister, Chancellor and senior Cabinet members.  At Finsbury, he has advised [[G4S]], [[Bombardier]], [[FirstGroup]], [[easyJet]], [[Daily Mail and General Trust]] and [[British Gas]],  and [[Whitbread]]. He also worked on Finsbury's [[Campaign for Crossrail]], snow crises at [[BAA]] and [[Eurostar]], advising [[Volkswagen]] UK following the 2015 diesel emissions scandal and [[AstraZeneca]] in its successful defence against [[Pfizer]]’s £68bn hostile approach.<ref>[http://www.finsbury.com/our-people/ Our People], Finsbury website, accessed Nov 2017</ref>
 +
*[[Lucy Noakes]], director; previously worked in the research unit for Conservative MPs and Peers and worked with the [[Conservative Party]] Shadow Cabinet in the run-up to the 2010 General Election.
 +
*[[Patrick Gallagher]], CFO
 +
*[[Faeth Birch]]
 +
*[[James Murgatroyd]], managing partner of the London office. Also a non-executive director of [[Charlotte Street Partners]].
 +
 +
===Former employees===
 +
*[[Robin Walker]], became Brexit minister at the [[Department for Exiting the European Union]] in July 2017
 +
*[[Rory Chisholm]], head of Finsbury's political & regulatory practice and a director of FIPRA ([[Finsbury International Policy & Regulatory Advisors]]. Formerly of lobbying firm [[GJW]] (to 2000).
 +
*[[Will Tanner]]
 +
 +
==Staff and clients==
 
==Staff==
 
==Staff==
Described as 'Partners' on the Finsbury [http://www.finsbury.com/doc.php?DocKeyword=contactus Website]
 
  
*[[Faeth Birch]]
+
===PRCA register===
*[[Morgan Bone]]
+
====June 2016-August 2016====
*[[Rory Chisholm]]
+
[[Carum Basra]] | [[Douglas Butt]] | [[Rory Chisholm]] | [[Scott Colvin]] | [[Hugo FitzGerald]] | [[John Gray]] | [[David Henderson]] | [[Lucy Noakes]] | [[Will Tanner]] | [[Tom Thatcher]] <ref name="Jun16"/>
*[[Rollo Head]]
+
 
*[[James Leviton]]
+
====March 2016-May 2016====
*[[James Murgatroyd]]
+
[[Carum Basra]] | [[Douglas Butt]] | [[Rory Chisholm]] | [[Scott Colvin]] | [[Hugo FitzGerald]] | [[John Gray]] | [[David Henderson]] | [[Lucy Noakes]] | [[Will Tanner]] | [[Tom Thatcher]] <ref name="Mar16"/>
*[[Edward Orlebar]]
+
 
*[[Roland Rudd]]
+
====December 2015-February 2016====
*[[Rupert Younger]]
+
[[Carum Basra]] | [[Douglas Butt]] | [[Rory Chisholm]] | [[Scott Colvin]] | [[Hugo FitzGerald]] | [[John Gray]] | [[David Henderson]] | [[Kamella Hudson]] | [[Will Tanner]] | [[Tom Thatcher]] <ref name="Dec15">[http://www.appc.org.uk/members/register/register-profile/?company=RLM%20Finsbury RLM Finsbury staff list, Dec15-Feb16], ''PRCA'', accessed 26 April 2016</ref>
 +
 
 +
====September 2015-November 2015====
 +
[[Carum Basra]] | [[David Henderson]] | [[Douglas Butt]] | [[Hugo Fitzgerald]] | [[John Gray]] | [[Kamella Hudson]] | [[Rory Chisholm]] | [[Scott Colvin]] | [[Tom Thatcher]] | [[Will Tanner]] <ref name="Sep15">[http://www.prca.org.uk/assets/files/PublicAffairsRegister%20(1).pdf RLM Finsbury staff list, Sep15-Nov 15], ''PRCA'', accessed 26 April 2016</ref>
 +
 
 +
====June 2015-August 2015====
 +
[[Carum Basra]] | [[David Henderson]] | [[Douglas Butt]] | [[Ed Fordham]] | [[Eleanor O’Riordan]] | [[Hugo Fitzgerald]] | [[John Gray]] | [[Kamella Hudson]] | [[Rory Chisholm]] | [[Scott Colvin]] | [[Tom Thatcher]] | [[Will Tanner]] <ref name="Jun15">[http://www.prca.org.uk/assets/files/PublicAffairsRegister(1).pdf RLM Finsbury staff list, Jun15-Aug15], ''PRCA'', accessed 26 April 2016</ref>
 +
 
 +
====March 2015-May 2015====
 +
[[Carum Basra]] |  [[David Henderson]] | [[Douglas Butt]] | [[Ed Fordham]] | [[Eleanor O’Riordan]] |  [[Hugo Fitzgerald]] | [[John Gray]] | [[Kamella Hudson]] | [[Rory Chisholm]] | [[Scott Colvin]] | [[Tom Thatcher]]| [[Will Tanner]] <ref name="Mar15">[http://www.prca.org.uk/assets/files/PublicAffairsRegister%20(5).pdf RLM Finsbury staff list, Mar-May15], ''PRCA'', accessed 26 April 2016</ref>
 +
 
 +
====December 2014-February 2015====
 +
[[Douglas Butt]] | [[Rory Chisholm]] | [[Scott Colvin]] | [[Hugo Fitzgerald]] | [[Ed Fordham]] | [[John Gray]] | [[David Henderson]] | [[Kamella Hudson]] | [[Marcus Marland]] | [[Eleanor O’Riordan]] | [[Will Tanner]] | [[Tom Thatcher]] <ref name="Dec14">[http://www.prca.org.uk/assets/files/Agency%20Register%20December%20-%20February%202015(5).pdf RLM Finsbury staff list, Dec14-Feb15], ''PRCA'', accessed 26 April 2016</ref>
 +
 
 +
====September 2014-November 2014====
 +
[[Douglas Butt]] | [[Rory Chisholm]] | [[Scott Colvin]] | [[Hugo Fitzgerald]] | [[Ed Fordham]] | [[John Gray]] | [[David Henderson]] | [[Kamella Hudson]] | [[Marcus Marland]] | [[Eleanor O’Riordan]] | [[Will Tanner]] | [[Tom Thatcher]]<ref name="Sept14"> [http://www.prca.org.uk/assets/files/Consultancy%20Register%20Sept-Nov%202014%20pdf(1).pdf Agency Register September to November 2014] ''PRCA'', accessed 27 January 2015 </ref>
 +
 
 +
===Clients===
 +
====June 2016-August 2016====
 +
[[AIG]] | [[Alcoa]] | [[ASOS]] | [[Astra]] | [[Zeneca]] | [[Atlantis Resources]] | [[Beazley]] | [[Bombardier]] | [[Carillion]] | [[Daily Mail & General Trust]] | [[easyJet]] | [[FirstGroup]] | [[Halite Energy Group]] | [[Intesa Sanpaolo]] | [[Kier]] | [[Kohlberg Kravis Roberts]] | [[Metalysis]] | [[Old Mutual]] | [[Optum]] | [[Powersite]] | [[Royal Bank of Scotland Group]] | [[Starbucks]] | [[Taylor Wimpey]] | [[Trainline]] | [[Universities Superannuation Scheme]] | [[VW]] | [[Welcome Break]] <ref name="Jun16"> [http://www.appc.org.uk/register/profile/?company=Finsbury%20Group%20Limited,%20The Current register 1st June 2016 - 31st August 2016], ''APPC'', accessed 24 November 2016. </ref>
 +
 
 +
====March 2016-May 2016====
 +
[[AIG]] | [[Alcoa]] | [[AstraZeneca]] | [[Beazley]] | [[Bombardier]] | [[Carillion]] | [[CK Hutchison]] | [[Daily Mail & General Trust]] | [[easyJet]] | [[FirstGroup]] | [[Halite Energy Group]] | [[IE Singapore]] | [[Intesa Sanpaolo]] | [[Kier]] | [[Kohlberg Kravis Roberts & Co.]] | [[Old Mutual Optum]] | [[Paddy Power]] | [[Powersite]] | [[Royal Bank of Scotland Group]] | [[Starbucks]] | [[Taylor Wimpey]] | [[Thomas Cook]] | [[Trainline]] | [[Universities Superannuation Scheme]] | [[VW]] | [[Welcome Break]] | [[Worldpay]] <ref name="Mar16> [http://www.appc.org.uk/wp-content/uploads/APPC-Register-May-2016-13.6.16.pdf Register for 1st March 2016 - 31st May 2016], ''APPC'', accessed 24 November 2016. </ref>
 +
 
 +
====December 2015-February 2016====
 +
[[Activision Blizzard]] | [[AIG]] | [[Alcoa]] | [[AstraZeneca]] | [[Beazley]] | [[Bombardier]] | [[CK Hutchison]] | [[Daily Mail & General Trust]] | [[easyJet]] | [[FirstGroup]] | [[Google UK]] | [[Halite Energy Group]] | [[IE Singapore]] | [[Intesa Sanpaolo]] | [[Kier]] | [[Kohlberg Kravis Roberts & Co.]] | [[ODEON & UCI Cinemas Group]] | [[Old Mutual Optum]] | [[Paddy Power]] | [[Powersite]] | [[Prudential]] | [[Royal Bank of Scotland Group]] | [[Starbucks]] | [[Taylor Wimpey]] | [[Thomas Cook]] | [[Trainline]] | [[Travelodge]] | [[Universities Superannuation Scheme]] | [[VW]] | [[Welcome Break]] | [[Worldpay]] <ref name="Dec15">[http://www.appc.org.uk/members/register/register-profile/?company=RLM%20Finsbury Finsbury client list, Dec15-Feb16], ''APPC'', accessed 26 April 2016</ref>
 +
 
 +
====September 2015-November 2015====
 +
[[Activision Blizzard]] | [[AIG]] |  [[Alcoa]] | [[AstraZeneca]] | [[Bombardier]] | [[CK Hutchison]] | [[Daily Mail & General Trust]] | [[easyJet]] | [[FirstGroup]] | [[Halite Energy Group]] | [[IE Singapore]] | [[Intesa Sanpaolo]] | [[Kier]] | [[Kohlberg Kravis Roberts & Co.]] | [[Old Mutual]] | [[Optum]] | [[Paddy Power]] | [[Powersite]] | [[Prudential]] | [[Royal Bank of Scotland Group]] | [[Starbucks]] | [[Taylor Wimpey]] | [[Thomas Cook]] | [[Trainline]] | [[Universities Superannuation Scheme]] | [[VW]] | [[Welcome Break]] | [[Worldpay]] <ref name="Sep15"/>
 +
 
 +
====June 2015-August 2015====
 +
[[3i]] | [[Activision Blizzard]] | [[AIG]] | [[AstraZeneca]] | [[Bombardier]] | [[Daily Mail & General Trust]] | [[easyJet]] | [[FirstGroup]] | [[G4S]] | [[Halite Energy Group]] | [[Hutchison Whampoa]] | [[IE Singapore]] | [[Intesa Sanpaolo]] | [[Kier]] | [[Kohlberg Kravis Roberts & Co.]] | [[Old Mutual]] | [[Optum]] | [[Paddy Power]] | [[Powersite]] | [[Prudential]] | [[RELX Group]] plc | [[Royal Bank of Scotland Group]] | [[Starbucks]] | [[Statoil]] | [[Taylor Wimpey]] | [[Thomas Cook]] | [[Trainline]] | [[Universities Superannuation Scheme]] | [[Welcome Break]] | [[Worldpay]] <ref name="Jun15"/>
 +
 
 +
====March 2015-May 2015====
 +
[[3i]] | [[Activision Blizzard]] | [[AIG]] | [[AstraZeneca]] | [[Bombardier]] | [[Daily Mail & General Trust]] | [[easyJet]] | [[FirstGroup]] | [[G4S]] | [[Halite Energy Group]] | [[Hutchison Whampoa]] | [[IE Singapore]] | [[Intesa Sanpaolo]] | [[Kier]] | [[Kohlberg Kravis Roberts & Co.]] | [[Old Mutual]] | [[Optum]] | [[Paddy Power]] | [[Powersite]] | [[Prudential]] | [[RELX Group]]plc | [[Royal Bank of Scotland Group]] | [[Starbucks]] | [[Statoil]] | [[Taylor Wimpey]] | [[Thomas Cook]] | [[Universities Superannuation Scheme]] | [[Welcome Break]] <ref name="Mar15"/>
 +
 
 +
====December 2014-February 2015====
 +
[[3i]] | [[AIG]] | [[Activision Blizzard]] | [[Alliance Boots]] | [[AstraZeneca]] | [[Bombardier]] | [[Car Giant]] | [[Daily Mail & General Trust]] | [[easyJet]] | [[Experian]] | [[FirstGroup]] | [[G4S]] | [[Halite Energy Group]] | [[KKR]] | [[Kier]] | [[Old Mutual]] | [[Optum]] | [[Paddy Power]] | [[Powersite]] | [[Prudential]] | [[Qualcomm]] | [[Reed Elsevier]] | [[Starbucks]] | [[Statoil]] | [[Taylor Wimpey]] | [[Welcome Break]] <ref name="Dec14"/>
 +
 
 +
====September 2014-November 2014====
 +
[[3i]] | [[AIG]] | [[Activision]] | [[Alliance Boots]] | [[AstraZeneca]] | [[Bombardier]] | [[Car Giant]] | [[Daily Mail & General Trust]] | [[easyJet]] | [[Experian]] | [[FirstGroup]] | [[G4S]] | [[Halite Energy Group]] | [[KKR]] | [[Kier]] | [[Old Mutual]] | [[Optum]] | [[Paddy Power]] | [[Powersite]] | [[Prudential]] | [[Qualcomm]] | [[Reed Elsevier]] | [[Royal Bank of Scotland Group]] | [[Starbucks]] | [[Taylor Wimpey]] | [[Welcome Break]]<ref name="Sept14"/>
 +
 
 +
===Registrar of consultant lobbyists===
 +
The register of consultant lobbyists documents those clients on behalf of whom '''Finsbury''' has lobbied government ministers and/or permanent secretaries.
 +
====July to September 2017====
 +
No clients reported.
 +
====April to June 2017====
 +
No clients reported.
 +
====January to March 2017====
 +
[[Management and Training Corporation]] (US-based, for-profit prison operator)
 +
====October to December 2016====
 +
[[Tusker]]
 +
====July 2016-September 2016====
 +
No clients reported.
 +
====April - June 2016====
 +
No clients reported.
 +
====January - March 2016====
 +
No clients reported.
 +
====October - December 2015====
 +
No clients reported.
 +
====July - September 2015====
 +
No clients reported.
 +
====April - June 2015====
 +
No clients reported.
 +
====January - March 2015====
 +
[[Halite Energy Group]]<ref>[https://registerofconsultantlobbyists.force.com/CLR_Public_Profile?id=0012400000601xYAAQ RLM Finsbury profile 2015], ''Registrar of consultant lobbyists'', accessed 8 February 2016</ref>
 +
 
 +
Finsbury claims to count more than 20 FTSE 100 and Eurofirst 300 companies as clients.<ref>[http://www.wpp.com/wpp/companies/companydetail.htm?id=245 WPP website, Finsbury], accessed Feb 2009</ref>
  
==Clients==
+
===Wealthy individuals===
+
*Rudd is reported to represent [[Oleg Deripaska]], the 40-year-old Russian oligarch and Russia's richest man - Deripaska is a friend of Rudd's mate [[Peter Mandelson]] - and [[Nat Rothschild]]. When, in October 2008, a row erupted between Mandelson and [[George Osborne]] (Conservative shadow chancellor) about conversations had on Oleg Deripaska's boat, Rothschild was one of a number of Rudd's clients who came out in support of Mandelson<ref>[http://www.independent.co.uk/news/uk/politics/osborne-the-oligarch-and-a-yacht-in-corfu-968625.html Osborne, the oligarch and a yacht in Corfu], Independent, 22 October 2008</ref>
 +
 
 +
*Finsbury and Rudd were also hired by Sir [[Phillip Green]], owner of British retail group [[Arcadia]]. Green was trying to buy [[Marks & Spencer]]. Robert Peston in his 2008 book '''Who Runs Britain?''' explains why PR support was necessary:
 +
:"This was one of those takeover struggles where the weapons were money and innuendo... The tone and coverage in the press and on television mattered even more than it usually does in this kind of corporate contest."
 +
Peston also notes than [[Stuart Rose]] at Marks & Spencer ditched its usual PR firm, [[Brunswick]] in favour of an old friend [[Andrew Grant]] of [[Tulchan Communications]]. Philip Green, he reports, also holds [[Brunswick]] responsible for the negative publicity he faced when Green's wife purchased shares in Marks and Spencer at a previous time when Green tried to buy the company.<ref>Robert Peston, Who Runs Britain?, published 2008, Hodder and Staughton</ref>
 +
 
 +
===Financial sector===
 +
Finsbury's big name clients in the financial sector include [[Lloyds TSB]] (PR only; Lloyd's lobbying is done by [[Citigate Dewe Rogerson]]<ref>APPC register Nov 2008</ref>), private equity giant, [[KKR]] (PR and lobbying)<ref>[http://www.prweek.com/uk/news/article/664310/Private-equity-firms-gear-battle-MPs/ Private equity firms gear up for battle with MPs], PR Week, 13 June 2007</ref> and [[Bradford and Bingley]]. In April 2011 [[Wonga]], an online lender that charges interest rates of more than 2,600% a year became a client. <ref> Melanie Newman, [http://www.thebureauinvestigates.com/2011/10/01/questions-over-mps-conflicts-of-interests-raised/ Questions raised over MPs’ conflicts of interests] ''The Bureau Of Investigative Journalism'', 1st October 2011, accessed 11th October 2011 </ref> Two months before this client was signed [[Robin Walker]] MP and part-time [[Finsbury]] consultant tabled an amendment to a bill which sought to cap interest rates on unsecured lending. <ref> Melanie Newman, [http://www.thebureauinvestigates.com/2011/10/01/questions-over-mps-conflicts-of-interests-raised/ Questions raised over MPs’ conflicts of interests] ''The Bureau Of Investigative Journalism'', 1st October 2011, accessed 11th October 2011 </ref>
 +
{{Template:NuclearSpin}}
 +
===Energy sector===
 +
*[[Shell]]. PR Week reports that for several years [[Shell]] had - and continued to - use the London-based Finsbury to handle financial PR for the company and was also advising on managing the crisis on the overstated reserves. <ref>[http://www.prweek.com/uk/search/article/210658/shell-hires-bruseth-its-top-media-job PR Week], May 2004</ref>
 +
*[[BNFL]]. The company is also retained by [[British Nuclear Fuels Limited]]. ([[BNFL]])<ref>[http://archive.corporatewatch.org/newsletter/issue21/issue21_part2.htm Corporate Watch]</ref>.
 +
*[[E.ON]]<ref>Finsbury website [http://www.finsbury.com/ Our Clients] Accessed 14/07/10</ref>
 +
 
 +
 
 +
===Lobbying clients===
 +
Lobbying clients in 2009, according to the Finsbury website include:<ref>[http://www.finsbury.com Finsbury website], accessed February 2009</ref><br>
 +
 
 +
[[BAA]] | [[Bradford & Bingley]] | [[British Land Company]] | [[Cerus Corporation]] | [[CH2M HILL]] | [[Daily Mail and General Trust]] | [[Equitable Life]] | [[Experian]] | [[Gilead]] | [[MOL Group]] | [[Moto]] | [[Pfizer]] | [[Reed Elsevier]] | [[Roadchef]] | [[Taylor Wimpey]] | [[Travelport]] | [[Welcome Break]] | [[Yell Group]]
 +
 
 +
===Mining and Metals===
 +
 
 +
*Finsbury represented [[Rio Tinto]] during its takeover bid for [[Chinalco]], Chinese aluminium firm.<ref>PR Week, June 12, 2009 'In the news - Rio Tinto'</ref>
 +
*[[Vedanta Resources]] plc
 +
*[[Arcelor]]<ref>Finsbury website [http://www.finsbury.com/ Our Clients] Accessed 14/07/10</ref>
 +
 
 +
===Bluechip & International / Euro 300 / FTSE 100 / FTSE 250===
 +
Clients, according to the Finsbury website, include:<ref>[http://www.finsbury.com Finsbury website], accessed February 2009</ref><br>
 +
[[Aviva]] | [[BNFL]] | [[Boots plc]] | [[Cable and Wireless]] | [[British Sky Broadcasting plc]] | [[Cable & Wireless]] | [[Centrica plc]] | [[CRH plc]] | [[Enel SpA]] | [[Eni SpA]] | [[EoN]] | [[Friends Provident]] | [[GUS]] | [[International Power]] | [[Sainsbury]] | [[KKR]] | [[Lloyds TSB]] | [[Man Group]] | [[Reed Elsevier]] | [[Rio Tinto]] | [[Royal & SunAlliance]] | Royal Dutch [[Shell]] | [[Standard Chartered]] | [[Terna SpA]] | [[Tomkins]] | [[Vodafone]] | [[WPP]] | [[Yell PLC]] | [[Morgan Crucible]] | [[Kesa Electricals]] | [[Pendragon]] | [[Filtrona plc]] | [[Great Portland Estates]] | [[SIG]] | [[Trinity Mirror]] | [[Vedanta Resources]] | [[London Stock Exchange]] | [[Mitchells & Butlers]] | [[Pennon Group]] | [[Autostrada SpA]] | [[Banca Intesa Spa]] |  [[BPB plc]] | [[Edison SpA]] | [[Northern Rock]] | [[GCap Media PLC]] | [[Henderson Group plc]] | [[Inmarsat]] | [[John Laing]] | [[Jardine Lloyd Thompson]] | [[Kazakhmys]] |  [[Northumbrian Water Group]] |  [[Persimmon]] | [[Pilkington]] | [[Virgin Mobile]] Holdings (UK) | [[Barclays Capital]] | [[Basic Element]] | [[Beazley Group plc]] | [[BNFL]] | [[C&C Group]] | [[Coral Eurobet]] | [[Electra Partners Europe]] | [[Equitable Life]] | [[Europa Capital]] | [[General Electric Co]] | [[Genesis Investment Managers]] | [[GLG Partners]] | [[Huveaux PLC]] | [[KKR]] | [[Landsbanki]] | [[Ofgem]] | [[Paypoint plc]] | [[Permira]] | [[Premiere]] | [[RDF Media Company plc]] | [[Roland Berger]] | [[RTL Group]] | [[Senior plc]] | [[Travelodge]]
 +
{{Template:Alcohol badge}}
 +
=== Alcohol Industry ===
 +
[[Mitchells and Butlers]] | [[Carlsberg]] <ref> Melanie Newman, [http://www.thebureauinvestigates.com/2011/10/01/questions-over-mps-conflicts-of-interests-raised/Questions raised over MPs’ conflicts of interests] ''The Bureau Of Investigative Journalism'', 1st October 2011, accessed 11th October 2011 </ref>
  
===Euro 300 / FTSE 100===
 
*[[Autostrada SpA]]
 
*[[Banca Intesa Spa]]
 
*[[Boots plc]]
 
*[[BPB plc]]
 
*[[British Land Company plc]]
 
*[[British Sky Broadcasting plc]]
 
*[[Cable & Wireless plc]]
 
*[[Centrica plc]]
 
*[[CRH plc]]
 
*[[Daily Mail and General Trust plc]]
 
*[[Edison SpA]]
 
*[[Enel SpA]]
 
*[[Eni SpA]]
 
*[[Friends Provident Plc]]
 
*[[GUS plc]]
 
*[[International Power plc]]
 
*[[J Sainsbury plc]]
 
*[[Lloyds TSB Group plc]]
 
*[[Man Group plc]]
 
*[[Northern Rock plc]]
 
*[[Reed Elsevier plc]]
 
*[[Royal & SunAlliance plc]]
 
*[[Royal Dutch Shell plc]]
 
*[[Standard Chartered plc]]
 
*[[Terna SpA]]
 
*[[Vodafone Group Plc]]
 
*[[WPP]]
 
*[[Yell PLC]]
 
===FTSE 250===
 
*[[Bradford & Bingley plc]]
 
*[[Filtrona plc]]
 
*[[GCap Media PLC]]
 
*[[Great Portland Estates plc]]
 
*[[Henderson Group plc]]
 
*[[Inmarsat plc]]
 
*[[Jardine Lloyd Thompson plc]]
 
*[[John Laing plc]]
 
*[[Kazakhmys PLC]]
 
*[[Kesa Electricals plc]]
 
*[[London Stock Exchange plc]]
 
*[[Mitchells & Butlers plc]]
 
*[[Morgan Crucible plc]]
 
*[[Northumbrian Water Group plc]]
 
*[[Pendragon Plc]]
 
*[[Pennon Group plc]]
 
*[[Persimmon plc]]
 
*[[Pilkington plc]]
 
*[[SIG plc]]
 
*[[Tomkins plc]]
 
*[[Trinity Mirror plc]]
 
*[[Vedanta Resources plc]]
 
*[[Virgin Mobile Holdings (UK)]]
 
===Others===
 
*[[Barclays Capital]]
 
*[[Basic Element]]
 
*[[Beazley Group plc]]
 
*[[BNFL]]
 
*[[C&C Group]]
 
*[[Coral Eurobet]]
 
*[[Electra Partners Europe]]
 
*[[Equitable Life]]
 
*[[Europa Capital]]
 
*[[General Electric Co]]
 
*[[Genesis Investment Managers]]
 
*[[GLG Partners]]
 
*[[Huveaux PLC]]
 
*[[KKR]]
 
*[[Landsbanki]]
 
*[[Ofgem]]
 
*[[Paypoint plc]]
 
*[[Permira]]
 
*[[Premiere]]
 
*[[RDF Media Company plc]]
 
*[[Roland Berger]]
 
*[[RTL Group]]
 
*[[Senior plc]]
 
*[[Travelodge]]
 
 
===Selected Transactions===
 
===Selected Transactions===
*[[Boots/Alliance Unichem]]
+
[[Boots]]/[[Alliance Unichem]] | [[Boots/BHI]] | [[BPB/St Gobain]] | [[British Land/Pillar]] | [[Bunzl/Filtrona]] | [[C&W/Energis]] | [[Capital Radio/GWR Group]] | [[Cendant Demerger]] | [[Fortune Brands]]/[[Pernod Ricard]]/[[Allied Domecq]] | [[Inmarsat IPO]] | [[Kazakhmys IPO]] | [[LSE Defence]] | [[Manchester United/Glazier]] | [[Permira/KKR/SBS]] | [[Pilkington/NSG]] | [[Somerfield/Violet]] | [[Telenet IPO]] | [[Terna]] | [[VNU/IMS]] | [[Vodafone]]/[[Bharti Tele-Venture]] | [[Vodafone]] [[Sverige]]
*[[Boots/BHI]]
+
 
*[[BPB/St Gobain]]
+
==Contact==
*[[British Land/Pillar]]
+
:Address: The Adelphi, 1-11 John Adam Street, WC2N 6HT
*[[Bunzl/Filtrona]]
+
:Website: http://www.finsbury.com
*[[C&W/Energis]]
+
 
*[[Capital Radio/GWR Group]]
+
==Resources==
*[[Cendant Demerger]]
+
*Mark Townsend and Antony Barnett [http://observer.guardian.co.uk/education/story/0,,1125631,00.html PR firm hired to sell top-up fees] Labour rebels outraged at 'abuse' of taxpayers' money as university vice-chancellors acquire services of Mandelson's millionaire friend, Sunday January 18, 2004, The Observer
*[[Fortune Brands/Pernod Ricard/Allied Domecq]]
+
*Antony Barnett and Jamie Doward [http://observer.guardian.co.uk/politics/story/0,,1874550,00.html The PR tycoon, a private dinner and PM's meeting with Euro lobby group] Businessmen lobbying for unlimited immigration from Romania and Bulgaria met the Prime Minister at an exclusive London home, Sunday September 17, 2006, The Observer
*[[Inmarsat IPO]]
+
 
*[[Kazakhmys IPO]]
+
*Melanie Newman, [http://www.thebureauinvestigates.com/2011/10/01/questions-over-mps-conflicts-of-interests-raised/ Questions raised over MPs’ conflicts of interests], Bureau of Investigative Journalism, 1st October 2011
*[[LSE Defence]]
+
 
*[[Manchester United/Glazier]]
+
==References==
*[[Permira/KKR/SBS]]
+
<references/>
*[[Pilkington/NSG]]
+
 
*[[Somerfield/Violet]]
+
[[Category: Nuclear Spin]]
*[[Telenet IPO]]
+
[[Category: Public relations firms]]
*[[Terna]]
+
[[Category: Lobbying firms]]
*[[VNU/IMS]]
+
[[Category: Financial sector lobbying]]
*[[Vodafone/Bharti Tele-Venture]]
 
*[[Vodafone/Sverige]]
 
  
==references==
+
[[Category: Brexit]] [[Category: UK]]
Mark Townsend and Antony Barnett [http://observer.guardian.co.uk/education/story/0,,1125631,00.html PR firm hired to sell top-up fees] Labour rebels outraged at 'abuse' of taxpayers' money as university vice-chancellors acquire services of Mandelson's millionaire friend, Sunday January 18, 2004, The Observer
+
[[Category:Brexit ‘remain’ donor]]
 +
[[Category:Brexit lobby group - Remain]]
 +
[[Category:Brexit lobbyist - Remain]]

Latest revision as of 15:32, 10 December 2019

Twenty-pound-notes.jpg This article is part of the Lobbying Portal, a sunlight project from Spinwatch.

Finsbury is a leading, London-based financial PR and lobbying company.

It describes itself as providing "an integrated service advising on all areas of communication with the global financial community, including financial media, political & regulatory affairs and investor relations." [1]

Finsbury, Tenter House, 45 Moorfields, London EC2Y 9AE (next to Moorgate station)

Company structure and history

Finsbury was founded in London in October 1994 and in 2001 was taken over to become part of the WPP group. Finsbury was 75 percent owned by Roland Rudd, who made £41 million by selling the company. Another two directors, Rupert Younger and James Murgatroyd shared another £14 million between them from the sale.[2] Finsbury's work on EU political & regulatory issues is done via Finsbury International Policy & Regulatory Advisors (Fipra).

In July 2011 Finsbury Group ("Finsbury") and Robinson Lerer & Montgomery ("RLM"), merged to create RLM Finsbury. [3]

Global 'partnership'

In May 2017 Finsbury formed a partnership with US PR and lobbying firm, the Glover Park Group, having previously partnered with German / Brussels communications firm, Hering Schuppener in April 2016. The three firms will, they say, be able to support clients in the 'major international centres of business, finance and policymaking'.[4]

Reform Europe 'to meet business needs'

In 2007 Rudd was founding chairman of the campaign group, Business for New Europe (BNE), which wants Britain to play a leading role inside the EU - reforming it to meet business interests and needs, and expansion to include Turkey. Sir Nigel Rudd (no relation), chairman of BAA from August 2007, and Roger Carr, who went on to chair energy giant Centrica - two of Finsbury's most productive supporters - are on BNE's advisory board. Martin Sorrell, head of owners WPP also sits on the BNE advisory group. 'Rudd and Sorrell like to think they're plugged in, they exchange gossip', it is reported. Rudd in 2007 said of BNE: 'I enjoy it enormously because it enables me to engage with Ed [Balls], with George Osborne on the Tory side and Chris Huhne and Nick Clegg from the Lib Dems.'[5]

Donations to 2016 referendum on Britain's EU membership

The Finsbury Group donated £7,508.50 on 04 April 2016 to Britain Stronger in Europe, the lead pro-EU campaign in Britain's referendum on membership of the EU in June 2016.

It gave another £18,904.60 in May 2016.[6][7]

Recorded by the Electoral Commission:

Date Name of donor Amount Donated to
13/05/2016 Finsbury Group Ltd £18,904.60 Britain Stronger in Europe
20/04/2016 Finsbury Group Ltd £7,508.50 Britain Stronger in Europe

[8]

Political links

Finsbury has close ties to New Labour through its founder Roland Rudd. For example, Rudd is friends with Peter Mandelson and Ed Balls, a close confident of Gordon Brown. Rudd says: "I've a very good relationship with Ed (Balls) - he's been a friend from FT days". He also knows David Cameron, who was a client when Cameron was at Carlton: "He came to dinner with our clients recently (2007). I was pleased - it showed he's not tribal," says Rudd.[9] It's reported that Rudd has "finely honed social and political connections":

Dinners at his grand house in Kensington are relaxed, informal occasions. Sophie [his wife], who designs women's eveningwear, will be there. The guests will include a client or two, heads of large companies, a top banker, a senior journalist and a Cabinet minister and their other halves. Even Tony Blair has supped at his table. Rudd was one of four people who met at the house of Charles Dunstone, the Carphone Warehouse magnate, to plot the ex-PM's next move in the run-up to Blair's departure."[10]

Rudd also held a garden party on 28 June 2007 to raise funds for the NSPCC.[11] Present were retailer Sir Philip Green, owner of Arcadia (Topshop, Burton and others), Paul Dacre, editor of the Daily Mail and Paul Myners, former chairman of Marks & Spencer who was appointed Financial Services Secretary (a position sometimes referred to as City Minister) in HM Treasury by Prime Minister Gordon Brown in October 2008. Baron Myners was given a peerage at the same time.

Conservative London Mayor Boris Johnson was also a guest of Rudd's. He flew home from the 2009 World Economic Forum in Davos in February on Rudd's private jet.[12] In addition:

  • Finsbury paid more than £5,000 to the Labour Party for 'tickets for dinners' in 1999-2000.
  • The firm previously hired the Lord Chancellor Lord Falconer.
  • In 2001 Finsbury's party guests included the present culture secretary Tessa Jowell and education minister (and peer) Andrew Adonis, as well as the then Labour party boss, also since ennobled, Lord Triesman.
  • Finsbury then won the 2002 contract to advise then Transport Secretary Stephen "Liar" Byers over the Railtrack collapse.
  • In 2006 Tony Blair's eldest son Euan did work experience at Finsbury. Private Eye commented: "So look out for the pay-off... most likely to come for such a selfless act as explaining to Blair the Younger the dark arts of being paid to lie..."[13]

Lobbying

Finsbury has regular discussions with government. In response to Parliamentary questions in 2008-09, it is known that Rudd, often through the BNE, organised 4 breakfast meetings, two dinners, and a number of conferences with senior Ministers at the Department for Business in 2008:[14]

  • John Hutton, when he was Secretary of State for Business, met with BNE members (Sept 2007); attended a BNE breakfast event (Dec 2007); talked on the phone with Rudd (Jan 2008); spoke at the BERR/FCO ‘Business Priorities for a Global Europe’ Conference was organised in co-operation with BNE, which Rudd chaired (Jane 2008); attended a dinner with BNE members (June 2008); met with Rudd (Oct 2008);
  • Lord Peter Mandelson, Hutton's predecessor as Secretary of State for Business (Oct 2008-), attended two breakfast meetings with Roland Rudd and several BNE company members to discuss EU economic reform issues (both Dec 2008).
  • Shriti Vadera, another Business minister (Nov 2008 - May 2010) formerly with investment bank UBS Warburg, also attended a breakfast meeting with BNE and Rudd (Oct 2008); a dinner with Rudd and "other guests" (March 2008); spoke at a BNE Enlargement Seminar (May 2008); and attended the Global Europe Business Summit alongside Rudd (Dec 2008). Also attending were president of France, Nicolas Sarkozy, Gordon Brown, and the president of the European Commission, José Manuel Barroso.

Finsbury has also made representations to a number of other Ministers and officials in other departments:

  • Treasury: It arranged a dinner on 19 April 2007, at which John Kingman, the former Second Permanent Secretary at the Treasury was present.[15] At the time Kingman was second in command at the Treasury and managing director of finance.[16] He is now chief executive of UK Financial Investments (UKFI), the body charged with managing the Government's investments in Britain's banks.[17]
  • Transport: The Minister of State for Transport met with a representative of Finsbury on 12 and 16 December 2007.[18]

Key People

Former employees

Staff and clients

Staff

PRCA register

June 2016-August 2016

Carum Basra | Douglas Butt | Rory Chisholm | Scott Colvin | Hugo FitzGerald | John Gray | David Henderson | Lucy Noakes | Will Tanner | Tom Thatcher [22]

March 2016-May 2016

Carum Basra | Douglas Butt | Rory Chisholm | Scott Colvin | Hugo FitzGerald | John Gray | David Henderson | Lucy Noakes | Will Tanner | Tom Thatcher [23]

December 2015-February 2016

Carum Basra | Douglas Butt | Rory Chisholm | Scott Colvin | Hugo FitzGerald | John Gray | David Henderson | Kamella Hudson | Will Tanner | Tom Thatcher [24]

September 2015-November 2015

Carum Basra | David Henderson | Douglas Butt | Hugo Fitzgerald | John Gray | Kamella Hudson | Rory Chisholm | Scott Colvin | Tom Thatcher | Will Tanner [25]

June 2015-August 2015

Carum Basra | David Henderson | Douglas Butt | Ed Fordham | Eleanor O’Riordan | Hugo Fitzgerald | John Gray | Kamella Hudson | Rory Chisholm | Scott Colvin | Tom Thatcher | Will Tanner [26]

March 2015-May 2015

Carum Basra | David Henderson | Douglas Butt | Ed Fordham | Eleanor O’Riordan | Hugo Fitzgerald | John Gray | Kamella Hudson | Rory Chisholm | Scott Colvin | Tom Thatcher| Will Tanner [27]

December 2014-February 2015

Douglas Butt | Rory Chisholm | Scott Colvin | Hugo Fitzgerald | Ed Fordham | John Gray | David Henderson | Kamella Hudson | Marcus Marland | Eleanor O’Riordan | Will Tanner | Tom Thatcher [28]

September 2014-November 2014

Douglas Butt | Rory Chisholm | Scott Colvin | Hugo Fitzgerald | Ed Fordham | John Gray | David Henderson | Kamella Hudson | Marcus Marland | Eleanor O’Riordan | Will Tanner | Tom Thatcher[29]

Clients

June 2016-August 2016

AIG | Alcoa | ASOS | Astra | Zeneca | Atlantis Resources | Beazley | Bombardier | Carillion | Daily Mail & General Trust | easyJet | FirstGroup | Halite Energy Group | Intesa Sanpaolo | Kier | Kohlberg Kravis Roberts | Metalysis | Old Mutual | Optum | Powersite | Royal Bank of Scotland Group | Starbucks | Taylor Wimpey | Trainline | Universities Superannuation Scheme | VW | Welcome Break [22]

March 2016-May 2016

AIG | Alcoa | AstraZeneca | Beazley | Bombardier | Carillion | CK Hutchison | Daily Mail & General Trust | easyJet | FirstGroup | Halite Energy Group | IE Singapore | Intesa Sanpaolo | Kier | Kohlberg Kravis Roberts & Co. | Old Mutual Optum | Paddy Power | Powersite | Royal Bank of Scotland Group | Starbucks | Taylor Wimpey | Thomas Cook | Trainline | Universities Superannuation Scheme | VW | Welcome Break | Worldpay [23]

December 2015-February 2016

Activision Blizzard | AIG | Alcoa | AstraZeneca | Beazley | Bombardier | CK Hutchison | Daily Mail & General Trust | easyJet | FirstGroup | Google UK | Halite Energy Group | IE Singapore | Intesa Sanpaolo | Kier | Kohlberg Kravis Roberts & Co. | ODEON & UCI Cinemas Group | Old Mutual Optum | Paddy Power | Powersite | Prudential | Royal Bank of Scotland Group | Starbucks | Taylor Wimpey | Thomas Cook | Trainline | Travelodge | Universities Superannuation Scheme | VW | Welcome Break | Worldpay [24]

September 2015-November 2015

Activision Blizzard | AIG | Alcoa | AstraZeneca | Bombardier | CK Hutchison | Daily Mail & General Trust | easyJet | FirstGroup | Halite Energy Group | IE Singapore | Intesa Sanpaolo | Kier | Kohlberg Kravis Roberts & Co. | Old Mutual | Optum | Paddy Power | Powersite | Prudential | Royal Bank of Scotland Group | Starbucks | Taylor Wimpey | Thomas Cook | Trainline | Universities Superannuation Scheme | VW | Welcome Break | Worldpay [25]

June 2015-August 2015

3i | Activision Blizzard | AIG | AstraZeneca | Bombardier | Daily Mail & General Trust | easyJet | FirstGroup | G4S | Halite Energy Group | Hutchison Whampoa | IE Singapore | Intesa Sanpaolo | Kier | Kohlberg Kravis Roberts & Co. | Old Mutual | Optum | Paddy Power | Powersite | Prudential | RELX Group plc | Royal Bank of Scotland Group | Starbucks | Statoil | Taylor Wimpey | Thomas Cook | Trainline | Universities Superannuation Scheme | Welcome Break | Worldpay [26]

March 2015-May 2015

3i | Activision Blizzard | AIG | AstraZeneca | Bombardier | Daily Mail & General Trust | easyJet | FirstGroup | G4S | Halite Energy Group | Hutchison Whampoa | IE Singapore | Intesa Sanpaolo | Kier | Kohlberg Kravis Roberts & Co. | Old Mutual | Optum | Paddy Power | Powersite | Prudential | RELX Groupplc | Royal Bank of Scotland Group | Starbucks | Statoil | Taylor Wimpey | Thomas Cook | Universities Superannuation Scheme | Welcome Break [27]

December 2014-February 2015

3i | AIG | Activision Blizzard | Alliance Boots | AstraZeneca | Bombardier | Car Giant | Daily Mail & General Trust | easyJet | Experian | FirstGroup | G4S | Halite Energy Group | KKR | Kier | Old Mutual | Optum | Paddy Power | Powersite | Prudential | Qualcomm | Reed Elsevier | Starbucks | Statoil | Taylor Wimpey | Welcome Break [28]

September 2014-November 2014

3i | AIG | Activision | Alliance Boots | AstraZeneca | Bombardier | Car Giant | Daily Mail & General Trust | easyJet | Experian | FirstGroup | G4S | Halite Energy Group | KKR | Kier | Old Mutual | Optum | Paddy Power | Powersite | Prudential | Qualcomm | Reed Elsevier | Royal Bank of Scotland Group | Starbucks | Taylor Wimpey | Welcome Break[29]

Registrar of consultant lobbyists

The register of consultant lobbyists documents those clients on behalf of whom Finsbury has lobbied government ministers and/or permanent secretaries.

July to September 2017

No clients reported.

April to June 2017

No clients reported.

January to March 2017

Management and Training Corporation (US-based, for-profit prison operator)

October to December 2016

Tusker

July 2016-September 2016

No clients reported.

April - June 2016

No clients reported.

January - March 2016

No clients reported.

October - December 2015

No clients reported.

July - September 2015

No clients reported.

April - June 2015

No clients reported.

January - March 2015

Halite Energy Group[30]

Finsbury claims to count more than 20 FTSE 100 and Eurofirst 300 companies as clients.[31]

Wealthy individuals

  • Rudd is reported to represent Oleg Deripaska, the 40-year-old Russian oligarch and Russia's richest man - Deripaska is a friend of Rudd's mate Peter Mandelson - and Nat Rothschild. When, in October 2008, a row erupted between Mandelson and George Osborne (Conservative shadow chancellor) about conversations had on Oleg Deripaska's boat, Rothschild was one of a number of Rudd's clients who came out in support of Mandelson[32]
  • Finsbury and Rudd were also hired by Sir Phillip Green, owner of British retail group Arcadia. Green was trying to buy Marks & Spencer. Robert Peston in his 2008 book Who Runs Britain? explains why PR support was necessary:
"This was one of those takeover struggles where the weapons were money and innuendo... The tone and coverage in the press and on television mattered even more than it usually does in this kind of corporate contest."

Peston also notes than Stuart Rose at Marks & Spencer ditched its usual PR firm, Brunswick in favour of an old friend Andrew Grant of Tulchan Communications. Philip Green, he reports, also holds Brunswick responsible for the negative publicity he faced when Green's wife purchased shares in Marks and Spencer at a previous time when Green tried to buy the company.[33]

Financial sector

Finsbury's big name clients in the financial sector include Lloyds TSB (PR only; Lloyd's lobbying is done by Citigate Dewe Rogerson[34]), private equity giant, KKR (PR and lobbying)[35] and Bradford and Bingley. In April 2011 Wonga, an online lender that charges interest rates of more than 2,600% a year became a client. [36] Two months before this client was signed Robin Walker MP and part-time Finsbury consultant tabled an amendment to a bill which sought to cap interest rates on unsecured lending. [37]

Nuclear spin.png This article is part of the Nuclear Spin project of Spinwatch.

Energy sector


Lobbying clients

Lobbying clients in 2009, according to the Finsbury website include:[41]

BAA | Bradford & Bingley | British Land Company | Cerus Corporation | CH2M HILL | Daily Mail and General Trust | Equitable Life | Experian | Gilead | MOL Group | Moto | Pfizer | Reed Elsevier | Roadchef | Taylor Wimpey | Travelport | Welcome Break | Yell Group

Mining and Metals

Bluechip & International / Euro 300 / FTSE 100 / FTSE 250

Clients, according to the Finsbury website, include:[44]
Aviva | BNFL | Boots plc | Cable and Wireless | British Sky Broadcasting plc | Cable & Wireless | Centrica plc | CRH plc | Enel SpA | Eni SpA | EoN | Friends Provident | GUS | International Power | Sainsbury | KKR | Lloyds TSB | Man Group | Reed Elsevier | Rio Tinto | Royal & SunAlliance | Royal Dutch Shell | Standard Chartered | Terna SpA | Tomkins | Vodafone | WPP | Yell PLC | Morgan Crucible | Kesa Electricals | Pendragon | Filtrona plc | Great Portland Estates | SIG | Trinity Mirror | Vedanta Resources | London Stock Exchange | Mitchells & Butlers | Pennon Group | Autostrada SpA | Banca Intesa Spa | BPB plc | Edison SpA | Northern Rock | GCap Media PLC | Henderson Group plc | Inmarsat | John Laing | Jardine Lloyd Thompson | Kazakhmys | Northumbrian Water Group | Persimmon | Pilkington | Virgin Mobile Holdings (UK) | Barclays Capital | Basic Element | Beazley Group plc | BNFL | C&C Group | Coral Eurobet | Electra Partners Europe | Equitable Life | Europa Capital | General Electric Co | Genesis Investment Managers | GLG Partners | Huveaux PLC | KKR | Landsbanki | Ofgem | Paypoint plc | Permira | Premiere | RDF Media Company plc | Roland Berger | RTL Group | Senior plc | Travelodge

Alcohol badge.jpg This article is part of the Spinwatch public health oriented Alcohol Portal project.

Alcohol Industry

Mitchells and Butlers | Carlsberg [45]

Selected Transactions

Boots/Alliance Unichem | Boots/BHI | BPB/St Gobain | British Land/Pillar | Bunzl/Filtrona | C&W/Energis | Capital Radio/GWR Group | Cendant Demerger | Fortune Brands/Pernod Ricard/Allied Domecq | Inmarsat IPO | Kazakhmys IPO | LSE Defence | Manchester United/Glazier | Permira/KKR/SBS | Pilkington/NSG | Somerfield/Violet | Telenet IPO | Terna | VNU/IMS | Vodafone/Bharti Tele-Venture | Vodafone Sverige

Contact

Address: The Adelphi, 1-11 John Adam Street, WC2N 6HT
Website: http://www.finsbury.com

Resources

References

  1. Finsbury website
  2. ref needed
  3. WPP, Finsbury Group and Robinson Lerer & Montgomery announce merger, Press release dated 19 July 2011, accessed 26 April 2012
  4. Finsbury, The Glover Park Group and Hering Schuppener form global strategic partnership , Finsbury website, 3 May 2017
  5. Management Today, August 2007
  6. Electoral Commission, Donor Search, accessed 16 May 2016
  7. James Slack and Jack Doyle, Bankrolled by fat cats: Big US banks fund Dave's EU fight to the tune of £2million, Daily Mail, 12 May 2016
  8. Electoral Commission, Finsbury Group Donation Search, accessed 22 June 2016
  9. Management Today, August 2007
  10. Management Today, August 2007
  11. Robert Peston, Who Runs Britain?, published 2008, Hodder and Staughton
  12. Pendennis, Observer diary, 22 Feb 2009
  13. Blair the Younger does work experience with City spin doctors Private Eye, February 6, 2006, Issue 1150
  14. Hansard, written answers 12 Jan 2009 (Column 453W—continued)
  15. LIST OF HOSPITALITY RECEIVED BY BOARD MEMBERS OF GOVERNMENT DEPARTMENTS, 1 JANUARY – 31 DECEMBER 2007, released by the Cabinet Office, Feb 2009
  16. Business big shot: John Kingman, The Times, 11 Dec 2007
  17. John Kingman and Glen Moreno to appear before MPs, Telegraph 08 Feb 2009
  18. Hansard, 18 Dec 2008 (Column 1002W—continued)
  19. City AM, March 2008
  20. John Arlidge, Britain's new political elite The Sunday Times 23rd May 2010, accessed 11th October 2011
  21. Our People, Finsbury website, accessed Nov 2017
  22. 22.0 22.1 Current register 1st June 2016 - 31st August 2016, APPC, accessed 24 November 2016.
  23. 23.0 23.1 Register for 1st March 2016 - 31st May 2016, APPC, accessed 24 November 2016.
  24. 24.0 24.1 RLM Finsbury staff list, Dec15-Feb16, PRCA, accessed 26 April 2016 Cite error: Invalid <ref> tag; name "Dec15" defined multiple times with different content
  25. 25.0 25.1 RLM Finsbury staff list, Sep15-Nov 15, PRCA, accessed 26 April 2016
  26. 26.0 26.1 RLM Finsbury staff list, Jun15-Aug15, PRCA, accessed 26 April 2016
  27. 27.0 27.1 RLM Finsbury staff list, Mar-May15, PRCA, accessed 26 April 2016
  28. 28.0 28.1 RLM Finsbury staff list, Dec14-Feb15, PRCA, accessed 26 April 2016
  29. 29.0 29.1 Agency Register September to November 2014 PRCA, accessed 27 January 2015
  30. RLM Finsbury profile 2015, Registrar of consultant lobbyists, accessed 8 February 2016
  31. WPP website, Finsbury, accessed Feb 2009
  32. Osborne, the oligarch and a yacht in Corfu, Independent, 22 October 2008
  33. Robert Peston, Who Runs Britain?, published 2008, Hodder and Staughton
  34. APPC register Nov 2008
  35. Private equity firms gear up for battle with MPs, PR Week, 13 June 2007
  36. Melanie Newman, Questions raised over MPs’ conflicts of interests The Bureau Of Investigative Journalism, 1st October 2011, accessed 11th October 2011
  37. Melanie Newman, Questions raised over MPs’ conflicts of interests The Bureau Of Investigative Journalism, 1st October 2011, accessed 11th October 2011
  38. PR Week, May 2004
  39. Corporate Watch
  40. Finsbury website Our Clients Accessed 14/07/10
  41. Finsbury website, accessed February 2009
  42. PR Week, June 12, 2009 'In the news - Rio Tinto'
  43. Finsbury website Our Clients Accessed 14/07/10
  44. Finsbury website, accessed February 2009
  45. Melanie Newman, raised over MPs’ conflicts of interests The Bureau Of Investigative Journalism, 1st October 2011, accessed 11th October 2011