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Genuine question due to my political ignorance.
If this is true (and I have no reason to doubt you), how is this allowed? That strikes even me, as a layperson, as a monumental conflict of interest. If someone you know stands to benefit financially (beyond due care and support) from your political endeavours (even worse, if it's your partner/spouse then you also benefit), how the fuck can you be allowed to run the fucking country!?!?!?!
"My next policy states that all people named Theresa May be given 1 Billion pounds"
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I'm not really sure he's high enough up in the company to really benefit from such a policy. He's a fairly small cog in a large multinational company and the Legal and General investment isn't that big.
According to Wikipedia they own less than 10% of Legal and General and that is probably less than 5% of the overall portfolio value.
Let's not forget what Phillip May does for a living, he works in financial services and his company is a major shareholder in Legal & General, who just happen to offer policies to pay for care for pensioners, secured against the value of your home.