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Saturday, June 25, 2016

Jonathan Hill, Baron Hill of Oareford

Jonathan Hopkin Hill, Baron Hill of Oareford CBE PC (born 24 July 1960) is a British Conservative politician who served as a European Commissioner. Hill was Leader of the House of Lords and Chancellor of the Duchy of Lancaster from 2013 to 2014. Prior to that, he served as Parliamentary Under-Secretary of State for Schools from 2010 to 2013 in the Conservative-Lib Dem Government.

Hill, a former political lobbyist and PR consultant, was special adviser to Cabinet Minister Kenneth Clarke and an adviser to the Conservative Prime Minister John Major before being appointed a Government Minister in 2010. Prime Minister David Cameron put Hill's name forward, on 15 July 2014, to be the next British EU Commissioner, upon which Lord Hill resigned from the Cabinet. On 10 September 2014, President Juncker appointed Hill to a finance portfolio. He took office as Britain's representative in the Juncker Commission on 1 November 2014 but resigned on 25 June 2016 following the decision of the UK to leave the EU.

On 10 September 2014 Lord Hill was announced as EU Commissioner-designate for the Financial Stability, Financial Services and Capital Markets Union portfolio in the forthcoming Juncker Commission. This newly created Directorate-General is tasked with assimilating existing EU expertise as well as responsibility for ensuring that the European Commission remains vigilant over the banking and financial sectors and remains pro-active in implementing new supervisory and regulatory rules accordingly, save overseeing pay in the financial sector where Lord Hill and Elżbieta Bieńkowska will share joint responsibility. He was one of four appointees who allegedly "struggled to impress" at their initial confirmation hearings before the European Parliament, and was required to appear for a second hearing — leading some hostile MEPs to start speculating that his appointment could be revoked in a reshuffle. With some "diplomatic smoothing of the way by Juncker", Hill it is said "managed" to give satisfactory answers as to the UK's position regarding European banking union, together with a questionnaire on behalf of the UK Government as requested.

Lord Hill secured the endorsement of sceptical MEPs at his second EU hearing in Brussels.

Lord Hill announced his resignation from his post of European Commissioner on 25 June 2016, following the result of the referendum on the UK’s membership of the European Union. It will be effective from 15 July 2016.

In 1988 Hill married Alexandra Jane, daughter of Major John Nettelfield MC, a British Army officer who served with distinction in the Royal Artillery during World War II;Lord and Lady Hill have a son and two daughters.

He holds shareholdings in Huntsworth plc, an international public relations company. In January 2013, The Independent stated he reportedly held at least £50,000+ worth of shares in the company which bought Quiller in 2006 for £5.9m, headed by Conservative parliamentarian Lord Chadlington.

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