British Virgin Islands Business News

The analysis of the latest events in BVI and worldwide, affecting BVI business environment; facts and statistics on BVI International Business Companies involved in global business activities.

Thursday, August 14, 2014

UK Minister for OTs Leaves his Post


In the beginning of this week, the UK MP and Parliamentary Under-Secretary for Foreign and Commonwealth Office Mark Simmonds announced that he is leaving his post. He claimed that the decision to resign from the Government is based on family reasons and not related to any political issues. The reason for leaving named by the Minister is that his salary and parliamentary allowances were not enough to let him bring his family and children to London from Lincolnshire.

He quits his post in the Foreign Office immediately, and plans to leave Parliament after the next elections, to spend more time with his family. 

Since 2012 and until the current moment, Mark Simmonds has been officially responsible for the Overseas Territories, including the British Virgin Islands.

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