MPs should be banned from gambling on politics after general election controversy – London Business News | Londonlovesbusiness.com

Date:

Share:


Three-quarters of people in the UK say there should be a ban on those working in politics from betting on political markets following the gamblegate scandal that rocked number 10.

The General Election was marred by revelations nine people working within politics were being investigated for betting on when the poll would be held.

Now an OLBG/YouGov survey has revealed that 76 per cent of Brits think anyone working within politics should not be allowed to gamble on political markets.

And six ot of ten people say all politicians should be made to declare all their betting activity, after the scandal exposed how some were able to apparently bet using insider information.

And nearly half (46 per cent) say anyone found to have used inside knowledge to bet on politics should be banned from holding public office.

Key findings

  • 60% believe that politicians should be made to publicly disclose their gambling activity
  • 76% would support a ban on those who work in politics from betting on politics
  • 69% said they would feel more negatively about a politician who placed a bet using inside information
  • 60% of young people [18-24] believe the Government should be doing more to reduce gambling-related harm
  • 34% of those aware of the betting scandal were less trusting of the former Conservative government as a result of the scandal
  • 27% think that Labour will be no better at governing gambling than the Conservatives

The survey put political allegiances to one side by canvassing Conservative, Labour, Lib Dem and Reform voters.

“While politicians are also private citizens and should enjoy a reasonable amount of privacy, as members of public office they are meant to serve the best interests of the public,” said OLBG CEO Richard Moffat.

“As a result they are held to a high standard, and if those involved have used insider information for financial gain, even at a token amount, it may have far-reaching consequences,” he added.



Source link

━ more like this

Sharing files on Galaxy S26 just got simpler with AirDrop support

Sharing files on your phone is getting easier if you’re using Samsung’s latest device. The Galaxy S26 is gaining AirDrop-style support through an...

Bhutan’s Bitcoin exit: What a sovereign sell-down actually looks like on-chain – London Business News | Londonlovesbusiness.com

When Bhutan’s state-owned investment arm moved 175 Bitcoin worth approximately $11.85 million in early March 2026, it did not issue a press release....

The Galaxy S27 Ultra may skip major S Pen upgrades despite Samsung’s ongoing work

Samsung’s S Pen has been a defining feature of its Ultra phones for years. However, recent releases have seen some of its more...

Meet the Gods of AI Warfare

Nearly a year later, on a hot day in the high summer of 2025, I stepped into NGA’s headquarters at the Fort Belvoir...

deVere Group warns US oil shield may not hold as Iran war escalates – London Business News | Londonlovesbusiness.com

Oil is surging as geopolitical tensions escalate, but the assumption that the US will remain shielded from the fallout is now being tested,...
spot_img