Former chancellor Javid in talks to join investment firm Centricus

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Sky News has learnt that Mr Javid, who recently announced that he would not stand for re-election in his Bromsgrove seat, has held preliminary talks with Centricus, a London-based group which manages more than $40bn in assets

Founded in 2016, Centricus is focused on investments in sectors including financial services, infrastructure and consumer, media, entertainment and sports.

It helped to structure the fundraising for the vast SoftBank Vision Fund and led a $50m investment into Tamara Mellon's eponymous luxury shoe brand.Centricus's senior team includes Garth Ritchie and Nizar Al-Bassam, both of whom held executive posts at Deutsche Bank. A spokesperson for Mr Javid said:"Sajid of course continues to have strong relationships in business, finance and other sectors, but he has not yet considered any roles with any organisations.

"His recent decision to stand down means that he can start to explore, over the next two years, what the next phase of his career will involve." The same spokesperson issued a statement to Sky News on 25 November insisting that Mr Javid had"sent confirmation to Conservative Party HQ that he intends to stand again at the next general election", in response to questions about his parliamentary future.Centricus declined to comment on its discussions with Mr Javid.

 

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£84k just isn't enough for these Tories. They're jumping ship for the highest bidder

Should be on trial for crimes against the people. Dirty little eggman.

Clear sajidjavid intends to capitalise on public office Like so many of the BorisJohnson clique Who have doomed the Conservatives w

So what?

Made up for him

sajidjavid

Total corruption.

Quelle surprise

That qualifies as one of the most boring headlines ever.

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