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Accountancy candidates obliterated in 2024 general election

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The profession’s parliamentary candidates faced a near wipeout in the general election, with high-profile accountants including former prime minister Liz Truss losing their seats. 

5th Jul 2024
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The Labour Party’s landslide victory in the general election has had a punishing effect on the influence of accountants in Westminister, with only seven winning seats – a far cry from the 22 that claimed victory in 2019.

The highest profile accountancy casualty was former prime minister Liz Truss. The chartered management accountant and shortest-serving prime minister will be remembered as the 2024 general election’s Portillo moment after losing her seat by 630 votes.

Her shocking defeat in South West Norfolk ends a calamitous period in Parliament for Truss who will forever be known as the architect of the disastrous mini-Budget in September 2022. 

The fracturing of the Conservative party vote had severe repercussions for accountancy candidates, with former ministers Mark Harper, Anne-Marie Trevelyan and Therese Coffey losing their seats. 

Elsewhere, Nigel Mills lost his seat in Amber Valley after the surge in the Reform vote sent him into third position. 

It wasn’t a complete dud of a night for Conservative accountants. Rebecca Paul, a newbie Tory, has regained Reigate for the party.

Meanwhile, Kit Malthouse regained his seat by the slimmest of margins, seeing off Labour by around 3,000 votes and his share crater. It was a similar story in Staffordshire Moorlands where Karen Bradley only just saw off Labour to keep her seat. Former minister Helen Whatley also survived, seeing off fierce competition from the Labour candidate.

While accountancy candidates had mostly a disappointing night, it wasn’t a complete wash out. Lib Dem newcomer Helen Morgan was the only non-Conservative accountancy candidate to win a seat, gaining North Shropshire from the Conservatives. 

The co-operative of accountancy candidates’ bruising in the polling booths mirrored the collapse of the Conservative party, where vote shares shrank and votes were undermined by the surge in the Reform party. 

Going into this election, there were 35 accountants vying to win seats, but after having such influence over the past five years with ministerial posts of holding the highest office in the country, the profession has been shown the door. 

Election 2024: Accountants Party results

Candidate Constituency Party Pos %
Rebecca Paul Reigate Con 1 35.4%
Darren Millar Clwyd North Con 2 32.%
*Nigel Mills Amber Valley Con 3 25.2%
*Andrew Griffith Arundel and South Downs Con 1 40.2%
*Anne-Marie Trevelyan North Northumberland Con 2 26.2%
Helen Whately Faversham and Mid Kent Con 1 31.8%
Mark Harper Forest of Dean Con 2 33.5%
Kit Malthouse North West Hampshire Con 1 35%
Robert Largan High Peak Con 2 29.7%
Saqib Bhatti Meriden and Solihull East Con 1 38.1%
*Ben Everitt Milton Keynes North Con 2 30.2%
  •  
*Iain Stewart Buckingham and Bletchley  Con 2 31.9%
Elizabeth Truss South West Norfolk Con 2 25.3%
Karen Bradley Staffordshire Moorlands Con 1 35.4%
Thérèse Coffey Suffolk Coastal Con 2 29.5%
Charles Shackerley-Bennett South Shropshire Reform 3 17.8%
Christopher Wongsosaputro Torbay Labour 4 7.1%
Tim Leaver North West Norfolk Labour 2 25.0%
Anna Crabtree Beaconsfield Lib Dem 2 27.3%
Helen Baxter Queen's Park and Maida Vale Lib Dem 4 8.9%
Sarah Olney Richmond Park Lib Dem 1 55.4%
Helen Morgan North Shropshire Lib Dem 1 52.9%
Ash Cartman North Somerset Lib Dem 3 13.2%
Jenny Wilkinson Kenilworth and Southam Lib Dem 3 19.6%
Mike Cox Christchurch Lib Dem 2 20.0%
Simon Moorehead Inverclyde and Renfrewshire West Reform 4 6.1%
Robert Reaney Bolsover Reform 3 21.5%
Richard Pearse Weston-super-Mare Reform 3 18.2%
Erin Crawford Birmingham Selly Oak Reform 3 14.9%
Michael Mann North Ayrshire and Arran Reform 4 8.1%
Irene Yoong-Henery Birmingham Ladywood Reform    
Malcolm Rider Featherstone Harlow Reform 3 21.8%
Peter Grant Glenrothes and Central Fife SNP    
Owen Thompson Midlothian SNP 2 30.1%
Marion Fellows Motherwell, Wishaw and Carluke SNP 2 31.0%

Have we missed anyone out? Probably due to the short preparation time for this election, the parties' candidate lists are not well organised for identifying qualified accountants among the runnings. If you are aware of any candidates with links to the profession, do let us know by commenting below.

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Intercity
By Mr Hankey
05th Jul 2024 08:19

Boris Johnson: Partied away whilst the country was in lockdown. Inquiry found he deliberately misled parliament. A proven serial liar.

Liz Truss: Crashed the economy, and holds the record for the shortest serving UK prime minister.

Rishi Sunak: Estimated fortune of £651m according to the Sunday Times Rich List, whose wife enjoys non-dom tax status, whilst the finances of Joe Bloggs are being squeezed.

That’s never going to sit well with voters, irrespective of their political orientation. The election result was more a conservative loss than a labour win.

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Replying to Mr Hankey:
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By Paul Crowley
05th Jul 2024 14:51

Agree
Labour vote percentage was the same as last election when they crashed out.
The critical Tory vote moved to Lib Dem and Reform, or no vote at all. Tories and Reform if joint would still have trounced Labour.
The Tories will be out for 14 years unless they learn from this. Farage was the best speaker by miles, the Tories without Boris really were like headless chickens , not a personality between them
Starmer did not win, Rayner did the heavy lifting and will be leader in no time at all. Even Farage stated that she was the best that Labour's front bench had to offer.

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By FactChecker
05th Jul 2024 20:55

Erm ... "only seven winning seats" ... but list shows 8 with 'Pos 1' (which presumably means winner)?

And you've missed a different 'angle' ... 5 out of those 8 are women (so has the glass ceiling within accountancy disintegrated or only for those moving into politics)?

I jest - but only because I can't see any serious point being made here.

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