UK (Parliament Politics Magazine) – Chancellor Rachel Reeves’ LinkedIn profile misrepresents her Bank of England experience, stating a longer tenure than official records show.
As reported by The Independent, Rachel Reeves overstated her tenure at the Bank of England on the networking platform LinkedIn.
Did Rachel Reeves exaggerate her Bank of England experience?
Rachel Reeves’ LinkedIn account suggests a six-year stint at BoE from September 2000 to December 2000, contradicting her public statement of a decade-long era.
According to reports she left the Bank of England in March 2006 to begin working at Halifax Bank of Scotland in West Yorkshire. This means her LinkedIn profile inaccurately extends her tenure by an extra nine months.
A picture obtained by BBC News shows the chancellor attending an HBOS event with other employees at the Council of Mortgage Lenders’ annual lunch. A former HR executive said she remembers Ms Reeves starting at HBOS in March 2006.
How did Rachel Reeves’ team justify the LinkedIn mistake?
Chancellor Rachel’s team stated that the mistake resulted from a clerical error by a staff member and confirmed that Ms Reeves had not seen the LinkedIn profile before it was made public.
A spokesman for Ms Reeves said,
“Rachel worked at the Bank of England from 2000 to 2006, including a year at the British Embassy in Washington, and at HBOS from 2006 to 2009. She’s proud of her experience before becoming an MP.”
Was Rachel Reeves involved in the HBOS expenses investigation?
The LinkedIn profile has now been revamped, and BBC reports reveal she was part of an expenses inquiry alongside two senior managers at HBOS. A representative of Ms Rachel stated she had no knowledge of the investigation and did not face any sanctions, adding. “Rachel left HBOS in 2009 on good terms.”
In her defence, Jayne Wayper, ex-HR business partner at HBOS, confirmed she would have been informed if any inquiry had been finalized, highlighting that “there was no case to answer.”
Ms Wayper stated,
“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.”
David Sorensen, who represented the chancellor at the time, stated she left HBOS on good terms following the acquisition, was provided with a positive reference, and kept her company car and other benefits for six months. He stated, “No allegations of misconduct or wrongdoing were raised by the HBOS HR team.”
What did the Labour document reveal about Rachel Reeves’ career at the Bank of England?
A report released by Labour last year states,
“Rachel Reeves spent most of the first decade of her career at the Bank of England; she understands the importance of financial and monetary stability to Britain’s economic success.”
The document reveals that during her six years at the Bank, she held three distinct roles. It said she served in the International Economic Division, then at the British Embassy in Washington, and finally in the Structural Economic Analysis Division.
How did Rachel Reeves respond to her tenure at BoE?
Rachel Rachel has often claimed she worked at the Bank of England for a decade, but in November, concerns were raised regarding the accuracy of this claim.
During a 2021 interview in Stylist magazine, she stated she had worked at the central bank for ten years. However, critics raised concerns about the accuracy of this statement in light of the duration listed on her LinkedIn account.
How did MPs react to Rachel Reeve’s CV?
MPs have raised concerns about Rachel Reeves’ CV, with Conservative MPs Graham Stuart, Alex Burghart, and Reform UK’s Lee Anderson questioning the accuracy of her past statements.
Mr. Burghart made a joke about “real economists,” while Mr. Anderson quipped about throwing her CV “in the trash.”