• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home Politics

Ministers given £455,000 in severance payments after year of political turmoil

Boris Johnson, Liz Truss, Kwasi Kwarteng and Michael Gove are among the senior figures who accepted severance payments after leaving office.

Christopher McKeon by Christopher McKeon
2023-07-20 16:27
in Politics
FacebookTwitterLinkedinEmailWhatsapp

The raft of resignations and sackings during last year’s political upheaval saw ministers paid more than £400,000 in severance packages.

Figures released by Government departments show a total of £455,392 was paid out to former ministers, some of whom rejoined government just months later.

Former prime ministers Boris Johnson and Liz Truss both received £18,660 after resigning, while Kwasi Kwarteng was given £16,876 when he quit as chancellor after less than six weeks in the job.

Among the other ministers to receive severance payments was Chris Pincher, who resigned as deputy chief whip over allegations he groped two men in the Carlton Club, precipitating the crisis that saw Mr Johnson leave office.

View this post on Instagram

A post shared by The London Economic (@thelondoneconomic)

Mr Pincher received a £7,920 severance payment after stepping down at the end of June 2022.

The Commons Standards Committee recommended earlier in July that Mr Pincher be suspended from the House for eight weeks after upholding the allegations and finding he had damaged the reputation of the Commons.

Thursday is the last day for Mr Pincher, who remains MP for Tamworth, to lodge an appeal against the committee’s findings, but the summer recess means even if he does not appeal, MPs will not be able to approve his suspension until September.

Both Labour and the Liberal Democrats have criticised the decision of numerous former ministers to accept the severance payments.

Labour’s deputy leader Angela Rayner said: “After the mess the Tories have left our country in, they should be hanging their heads in embarrassment, not walking away with an enormous payoff.

RelatedPosts

Elon Musk’s claim that ‘the left is murderously violent’ debunked… by his own AI

Resigned, suspended, expelled: Reform lose NINE councillors in just six weeks

Fury as US Senator handcuffed and dragged out of LA news conference

Zia Yusuf has no answer when asked simple immigration question

“At a time when people up and down the country are struggling to pay their mortgages and put food on the table, it shows a staggering lack of shame for them to accept this money, but is exactly what we’ve come to expect from a bunch of Tories who only care about themselves.”

Calls for payouts to be given back

Liberal Democrat deputy leader Daisy Cooper called for the payouts to be given back.

She said: “This is a slap in the face for all those who have seen their mortgages soar because of Truss and Kwarteng’s disastrous mini-budget.

“It is frankly insulting that whilst people struggle with the cost-of-living crisis, those responsible for their financial hardship are being showered with tens of thousands of pounds of taxpayers’ cash.

“If any of these disgraced former Conservative ministers had a shred of integrity left they would hand these payouts back.”

Ministers are entitled to receive severance payments worth a quarter of their ministerial salary on leaving office, provided they are aged under 65 and are not reappointed within three weeks.

But some ministers who received severance payments last year returned to government within months.

Grant Shapps

These include Grant Shapps, who received £16,876 when Ms Truss replaced him as transport secretary at the beginning of September 2022, but returned as home secretary a month later.

He is reported to have given half of his payment to charity.

Michael Gove also received £16,876 when he was sacked by Mr Johnson as levelling up secretary, a role he has returned to under Rishi Sunak.

Both his successors – caretaker Greg Clark and Truss appointee Sir Simon Clarke – also received £16,876 on leaving the department.

Ministers can choose not to take a severance payment, while some returned their payments when they were reappointed.

Mr Sunak, for example, repaid the £16,876 he received when he quit as chancellor.

Cost to taxpayer

The payments have been revealed by the publication of Government departments’ annual reports, most of which have been released on Thursday.

The Treasury’s report shows that, alongside the payments made to ministers, the controversial sacking of top civil servant Sir Tom Scholar cost the taxpayer £457,000 in severance and other payments.

Sir Tom was dismissed as the Treasury’s permanent secretary in September 2022, just as Mr Kwarteng took over as chancellor.

The move was criticised at the time given Sir Tom’s long experience at the department, and economists and former civil servants have subsequently said his dismissal contributed to the market’s negative reaction to Mr Kwarteng’s mini-budget.

The Treasury’s annual accounts, published on Thursday, reveal that Sir Tom received a £335,000 severance payment on his dismissal as permanent secretary, along with £122,000 in annual leave adjustments, payments in lieu of notice and other payments.

Asked about the payments, the Prime Minister’s official spokesman said: “Obviously, there are laws that need to be followed at all times when coming up with agreements on severance pay.”

Related: Liz Truss handed £19k severance payment for her 49 days as PM

Tags: Boris Johnsongovernmentkwasi kwartengLiz Truss

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← The Bubbly Show by Searcys ← ‘The Tories are finished’: Labour win Selby and Ainsty with a 24% swing
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->