Former UK chancellor who crashed the pound to advise Fortescue from October

Kwasi Kwarteng will not be allowed to lobby British government in paid role as a senior adviser at Australian iron ore miner

Former British chancellor Kwasi Kwarteng is due to start advising Fortescue on its clean energy ambitions from October - one year after his disastrous mini-budget crashed the pound.

Kwarteng, who was sacked last year by then prime minister Liz Truss after only 38 days as chancellor, will provide advice in a part-time capacity to Fortescue's emerging clean energy division.