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Flight makes plea for return to the Tory fold

Sacked Tory MP Howard Flight says the Conservatives will not be taken seriously again by the financial services community unless “business heavyweights” such as himself are returned to the fold.

Speaking in the shadow of another Tory election defeat, the former MP for Arundel & South Downs says there is no one left to “carry the torch of financial services” because of a lack of business experience within the party.

He also says the Tories were mistaken not to concentrate more on the economy during the election campaign, which Flight says was the original plan after the findings of the James review which claimed that 35bn could be saved from Government spending.

Flight says the financial services industry should be “hollering” for his return because of his experience of business and financial services and the fact that he has championed the cause of the IFA throughout his time in Parliament.

It is widely expected that Flight will return to politics in the near future, through a by-election, although probably after Michael Howard has stood down as Tory leader.

Flight says: “The two Conservative MPs who were business heavies, myself and Archie Norman, are no longer there and if the party wants to be taken seriously again by the business community it must have more MPs with previous business experience.”

Plan Invest investment manager Caroline Worswick says: “I cannot think of any other politician who has shown as much concern or offered more help to the adviser community.”

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