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Matt Hancock's resignation comes a day after a video was released showing the former health secretary kissing an adviser

City editor

The UK's health secretary has resigned, following the emergence of a video showing him kissing a colleague.

Matt Hancock, who has been the UK's secretary of state for health and social care since 2018, tendered his resignation to prime minister Boris Johnson in a letter on 26 June.

Matt Hancock quits as health secretary amid affair scandal

Lucy McNulty

JP Morgan

Dear Diary: How FN’s humour page covered 2024

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Abrdn names tech chief for investments unit in latest appointment under Jason Windsor

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Alain Courbebaisse will take on role in the new year

Simpson Thacher hires Sidley Austin finance duo in London

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Leveraged finance lawyers are in high demand in London

Trading Places: EY names UK financial services head, BofA promotes 387 MDs

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Find out who is on the move in the City and beyond this week

Donald Trump has transferred all 114.75 million of his shares in Trump Media & Technology, Truth Social’s parent company, to a revocable trust in his control.

Trump Transfers Entire $4 Billion Truth Social Stake to His Revocable Trust

Experts at leading brokerages say they are hewing closer to the official government line in response to signs of tighter monitoring.

China Tells Chief Economists: Be Positive, or Else

Forget the conference room with HR. Some companies, including GM, are cutting out human contact altogether when eliminating jobs.

When the Pink Slip Comes Via Text and Email

Hiring good people for compliance departments is getting harder as young professionals increasingly gravitate toward business careers with more curb appeal.

Compliance Wants to Go From Back-Office-Boring to Front-of-Mind Career Path

Asset managers hoping to seize on the momentum of bitcoin funds are jockeying to put smaller tokens into exchange-traded funds.

Bitcoin Went Mainstream in 2024. Are Ether, Solana and Other Risky Tokens Next? 

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