Rachel Reeves edits CV once more after claims she exaggerated Bank of England profession | Politics | News | EUROtoday

Rachel Reeves has been pressured to amend her CV once more after being accused of exaggerating the size of time she spent on the Bank of England.

A BBC investigation revealed the Chancellor left the Bank of England 9 months earlier than her LinkedIn profile suggests.

A spokesman for Ms Reeves admitted the dates on her LinkedIn profile had been inaccurate, claiming it was an administrative error by her staff.

She now admits to spending simply over six years at Threadneedle Street, regardless of claiming in a number of interviews that she spent as much as 10 years there.

In February final yr, she informed a Labour Party enterprise convention: “I spent the best part of a decade as an economist at the Bank of England”.

She started working for the Bank of England in 2000 as an analyst. She was promoted to the position of structural analyst by 2006 after spending a yr in Washington DC on the British Embassy.

The newest edit is the second by the Chancellor since getting into authorities final yr. She beforehand admitted to working in Halifax’s buyer relations division, not the retail banking unit as she initially claimed.

The BBC has additionally revealed a prolonged investigation into the Chancellor’s time at HBOS after a former colleague’s claims about her bills on the agency went viral.

Former Halifax colleague Kev Gillett stated on social media that Ms Reeves “nearly got sacked due to an expenses scandal where the three senior managers were all signing off each other’s expenses”.

While Ms Reeves’s staff has vigorously denied the allegations, the BBC found one other submit on a non-public Facebook group for former HBOS staff by which somebody requested if anybody had any recollections of the Chancellor from her time working with them.

A former worker commented: “The expenses dept certainly do!” Several others made reference to the allegations.

The corporation has now confirmed there was an expenses investigation into Ms Reeves and two senior management colleagues while she worked at the bank.

However, there is no evidence the investigation was concluded before she departed on “good terms” with HBOS.

The whistleblowing grievance included dozens of pages of proof, elevating issues about Ms Reeves and others utilizing the financial institution’s money to “fund a lifestyle” together with spending on dinner, occasions, taxis and presents.

The grievance was submitted in 2009 and accused the now-Chancellor of spending a whole lot of kilos on purses, fragrance, earrings and wine.

A supply who labored within the financial institution’s threat division stated: “Given the nature of the allegations – claiming expenses for things you wouldn’t normally claim expenses for – and the relative seniority of the individuals, the matter was referred for investigation by a team outside of that department.”

The inside audit staff discovered proof of wrongdoing by Ms Reeves and her two colleagues, it’s claimed, earlier than passing the findings to the danger division in April 2009.

However, the following interview stage didn’t happen, neither is there proof it reached a conclusion.

The prime Labour MP left the financial institution in May 2009 and there’s no suggestion her departure was linked to the investigation.

Her staff identified she was allowed to maintain her firm automotive for six months afterwards, suggesting she departed on “good terms” with a “severance payment, including full notice pay and a bonus”.

A spokesman for the Chancellor stated: “Rachel is proud of the work she did at HBOS and the teams that she led, it is 16 years since she left the bank and the first time she was made aware of these claims was when approached by journalists. “

“She was not aware of an investigation nor was she interviewed, and she did not face any disciplinary action on this or any other matters. All expenses were submitted and signed off in the proper way.

“Several former colleagues from her time at the bank, including HBOS’ former HR business partner, have corroborated this account.

“Rachel left HBOS in 2009 on good terms.”

Jayne Wayper, former HR enterprise associate for HBOS, added: “I do not recognise any of the accusations or claims that have been made against Rachel Reeves.”

“I cannot speak for the motivations behind those who have been making these claims about Rachel Reeves. However, I do not recognise them and understand she left the bank on good terms.”