The head of Ten Downing Street's policy unit under the premiership of John Major is set to join the board of Lloyds Banking Group, the taxpayer-backed lender.
Lord Norman Blackwell is expected to be unveiled as a non-executive director of Lloyds as soon as tomorrow, reports Sky News. Lord Blackwell, a director of the media regulator Ofcom and Standard Life, has also chaired the rightwing think-tank the Centre for Policy Studies. His appointment is aimed at strengthening the Lloyds board following the departures of a number of senior directors.
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