6. May, 2018


Behind the sober banker facade, Sajid Javid juggled with ‘timebombs’ that helped cause 2008

As a newly promoted Treasury minister, he praised the City, which had made him a rich man, as one of “the best bits of capitalism”, judging people on merit regardless of background.

Yet there is a part of Javid’s career in global finance that he is less willing to discuss: his role working with the “timebombs” and “financial weapons of mass destruction” that helped cause the 2008 crash.

In his maiden speech as an MP, Sajid Javid said that spending 19 years as an investment banker had “helped prepare me for a profession not well liked by the…