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U.K. Political Elite Embrace Second Act Cashing In on Tech Boom

  • Tech is supplanting financial services as go-to industry
  • Afiniti, Facebook, Darktrace among firms hiring ex-politicians
David Cameron and George Osborne

David Cameron and George Osborne

Photographer: Leon Neal/WPA Pool/Getty Images 

David Cameron’s work for Greensill Capital, which has dragged the government into a high-profile lobbying scandal, showcased the growing trend of politicians taking jobs at companies tapping the global tech investment boom.

The former prime minister, who resigned in 2016, is also chairman of the advisory board at artificial intelligence company Afiniti. Darktrace, the British cybersecurity company that filed to go public this week, counts former Home Secretary Amber Rudd on its advisory council, alongside the ex-head of intelligence agency MI5. Nick Clegg, former deputy prime minister, has worked at Facebook Inc. since 2018.