It seems to be the misfortune of Richard Sharp to have his late career development subject to so much scrutiny. The Times believes that Rishi Sunak tested the water with those who rule on the appropriate people for peerages with the name of his old Goldman Sachs mentor, and they found Mr Sharp wanting in some respect. So he won't be in the list of new Lords that goes with the dissolution of Parliament. But he might pick up something 'smaller' in the inevitable Sunak resignation list. Subject, of course, to the approval of Prime Minister Sir Keir Starmer
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