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30 Jan 2016

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Austerity cuts

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Lords allowance of £300 a day isn’t enough says donor Lord who has given £7m to Tory Party

Lord Farmer, a hedge-fund boss and Conservative donor with a reported personal fortune of around £150million, said the £300 daily allowance claimed by some House of Lords peers was ‘inadequate’.

http://www.dailymail.co.uk/news/article-3424001/Lords-300-day-allowance-isn-t-live-complains-Tory-peer-donated-7million-party.html

Why? He says: because many of them could be earning more money elsewhere so they are taking a hit in earnings if they attend

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One thought on “Lords allowance of £300 a day isn’t enough says donor Lord who has given £7m to Tory Party”

  1. Then let these lords resign their seats to concentrate on their business interests, and save the money or alternatively let a few folk for whom £300 a day is a very good living sit in the House of Lords instead.

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