It’s Speedy Stevey!

Financial Adviser

Pensions minister Steve Webb revealed last week how his name has become synonymous with a certain Italian sports car.

Speaking at the PFS Chartered Awards dinner in Birmingham – where he won the John Ellis award for contribution to financial services professional development – he said the Lamborghini analogy came out by accident as part of a question from a BBC journalist.

The journalist had asked Mr Webb: “All this money to spend as you like, but what about the Lamborghini set, what if they want to blow their money on fast cars?”

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To which he replied, “If they want to spend it on Lamborghinis that is fine by me.”