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Home Business and Economics Business

David Davis lands £3k an HOUR role as advisor to major Tory donor

The revolving door between Government and big business is a well-trodden path, which shows no signs of abating. Now former Brexit Secretary, David Davis, will trouser a colossal £3,000 an hour as an advisor to JCB. The firm ploughs million into the Conservative Party. It total Davis will be paid £60k for 20 hours work […]

Joe Mellor by Joe Mellor
2019-01-24 09:13
in Business, News, Politics
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The revolving door between Government and big business is a well-trodden path, which shows no signs of abating.

Now former Brexit Secretary, David Davis, will trouser a colossal £3,000 an hour as an advisor to JCB. The firm ploughs million into the Conservative Party.

It total Davis will be paid £60k for 20 hours work per annum. He will receive £50 a minute for his work.

Davis said he had complied with the rules concerning former ministers’ employment. He resigned from the Cabinet in July over the prime minister’s Chequers plan, saying he did not “believe” in the direction May was taking on Brexit.

JCB billionaire Lord Bamford and his family topped the list of Tory donors in 2017 by giving £2.5million to the Tories personally and through their firms in 2017.

JCB was fined £35.5m by the European commission in 2000 for antitrust breaches.

Jon Trickett, Labour’s shadow Cabinet Office minister, said: “What David Davis will get paid in 20 hours takes most people over two years to earn. But then again, under the Tories it’s one set of rules for the few and another for the many.

“Most people when reading this will no doubt think ‘snouts in the trough’, and this is exactly why Labour has repeatedly warned of the damage to the reputation of Parliament caused by arrangements like this and why they need to stop.”

https://www.thelondoneconomic.com/opinion/its-time-to-stop-listening-to-the-brexit-hypocrites/23/01/

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