Ex-Prime Ministers' Cost Allowance
Ex-Prime Ministers' Cost Allowance
Author
Discussion

El Guapo

Original Poster:

2,787 posts

221 months

Friday 28th October 2011
quotequote all
I was not aware of this, but ex-prime ministers can help themselves to piles of taxpayers' money long after they have left No. 10.

More Here

Maggie Thatcher 2006-2011 £535,000
John Major 2006-2011 £490,000
Tony Blair £273,000

Ker-ching.

Vimto156

246 posts

199 months

Friday 28th October 2011
quotequote all
bloody hell... I wish my old employer gave me half a million quid for turning up for a dinner or spending an afternoon or two writing some letters. But wait it's better than that i'm paying for this! Brilliant! I couldn't think of a better way of spending this money at all...

thinfourth2

32,414 posts

235 months

Friday 28th October 2011
quotequote all
That horrible theiving lefty blair ripping off the tax payer for a quarter of million

But that darling Thatcher is so kind and considerate she only took half a million isn't she lovely

andymadmak

15,724 posts

301 months

Friday 28th October 2011
quotequote all
thinfourth2 said:
That horrible theiving lefty blair ripping off the tax payer for a quarter of million

But that darling Thatcher is so kind and considerate she only took half a million isn't she lovely
Oh do shush!

I think more detail is required in this. For example, does this claim include paying for the staff/offices that may be required to answer the considerable body of correspondance that I am sure all ex PMs get? Does it include the expenses incurred in relation to official engagements they are required to attend? How do the sums break down?
Facts are required before we leap to the cannons. (even before we shoot Blair, sadly)

thinfourth2

32,414 posts

235 months

Friday 28th October 2011
quotequote all
I wonder what winky will claim.


is the form valid if you use crayons instead of a black ball point pen?

Marf

22,907 posts

272 months

Friday 28th October 2011
quotequote all
thinfourth2 said:
That horrible theiving lefty blair ripping off the tax payer for a quarter of million
We'll gloss over the millions of pounds of tax he's avoided since leaving office though.

jas xjr

11,309 posts

270 months

Friday 28th October 2011
quotequote all
I think it may be down to the level of protection required even after retirement.
Having said that I might have thought Blair would have required a lot more protection than the others

E36GUY

5,907 posts

249 months

Friday 28th October 2011
quotequote all
jas xjr said:
I think it may be down to the level of protection required even after retirement.
Having said that I might have thought Blair would have required a lot more protection than the others
This. An ex-PM isn't suddenly off peoples' target list because they are no longer in the job. They all get police protection pretty much forever

catso

16,531 posts

298 months

Friday 28th October 2011
quotequote all
jas xjr said:
I might have thought Blair would have required a lot more protection than the others
yes But deserves rather less... rolleyes

anonymous-user

85 months

Friday 28th October 2011
quotequote all
I wondered how long it would take until this little article would get posted on here. Funny how PHers rush to offer rational defence of potential thievery or troughing at the top, to the right at least, yet it's all manic rantings, i.e. Sky TV and cider, when it's aimed at people at the other end of the social scale.
Directors pay up 50 percent on the year too! They deserve it, they earned it!?

NoNeed

15,137 posts

231 months

Friday 28th October 2011
quotequote all
thinfourth2 said:
That horrible theiving lefty blair ripping off the tax payer for a quarter of million

But that darling Thatcher is so kind and considerate she only took half a million isn't she lovely
To be fair it has taken thatcher 5 years compared to Blairs 2.



I dont know why I even typed that, they are all riding the fking gravy train I am paying for.

andymadmak

15,724 posts

301 months

Friday 28th October 2011
quotequote all
anonymous said:
[redacted]
Thievery at the top? As I said in my earlier post, some more evidence is required! But if there has been abuse, then the perpatrators need to be punished. Left or right wing.

Directors pay up 50%? In some companies perhaps. Not all, I can assure you of that!

rover 623gsi

5,230 posts

192 months

Friday 28th October 2011
quotequote all
El Guapo said:
I was not aware of this, but ex-prime ministers can help themselves to piles of taxpayers' money long after they have left No. 10.

More Here

Maggie Thatcher 2006-2011 £535,000
John Major 2006-2011 £490,000
Tony Blair £273,000

Ker-ching.
Major brought this in back in 91 - I seem to recall at the time there were reports that several ex-PMs like Wilson, Heath and Callagahan were not especially well off and this was one reason why it was introduced. Possibly back then there wasn't the money to be made from book and tv deals, after-dinner speaking and various directorships but nowadays it seems like a piss-take. It also kinda weakens the argument that pulic servants (such as council leaders) should never be paid more than the prime minister given that modern day PM can draw such hugs sums for the rest of their lives - I mean Cameron could be an Ex-PM before he's even 50.

AndrewW-G

11,968 posts

248 months

Friday 28th October 2011
quotequote all
El Guapo said:
I was not aware of this, but ex-prime ministers can help themselves to piles of taxpayers' money long after they have left No. 10.

More Here

Maggie Thatcher 2006-2011 £535,000
John Major 2006-2011 £490,000
Tony Blair £273,000

Ker-ching.
The costs are in relation to former PM's dealing with correspondence and attending functions. .. . . .so that’s £100k a year to staff their office, pay for stamps, stationary, telephones etc. and the odd trip to so government do.

For once I'd suggest that it's not actually that much, when you take into account that they may employ at least a couple of people (so thats at least £60k + the costs of providing an office for them to work in) and no doubt get a mountain of letters sent to them.

dandarez

14,038 posts

314 months

Friday 28th October 2011
quotequote all
andymadmak said:
anonymous said:
[redacted]
Thievery at the top? As I said in my earlier post, some more evidence is required! But if there has been abuse, then the perpatrators need to be punished. Left or right wing.

Directors pay up 50%? In some companies perhaps. Not all, I can assure you of that!
The figures are for FTSE 100 companies. It comes from Incomes Data Services (IDS) who said this took the AVERAGE pay for a director (NOT the boss!) of a FTSE 100 company to just short of £2.7m! - austerity, eh?

The rise is higher than that recorded for the main person running the company, a chief executive.

C. Execs pay 'only' rose by 43% over the year, according to this study.

David Cameron has just said the report was 'concerning', and called for 'big companies to be more transparent when they decide executive pay'. Yeah, as if they'll listen to you CMD.

At the normality end, salaries rose by just 3.2%.

Latest consumer price inflation figures showed inflation at 5.2%.

And they wonder why the majority of Joe Public no longer gives a toss.

sixspeed

2,062 posts

303 months

Friday 28th October 2011
quotequote all
andymadmak said:
Oh do shush!

I think more detail is required in this. For example, does this claim include paying for the staff/offices that may be required to answer the considerable body of correspondance that I am sure all ex PMs get?
Yes, it does.

Fittster

20,120 posts

244 months

Friday 28th October 2011
quotequote all
rover 623gsi said:
Heath .
Always thought Heath suspiciously well off. Yacht racing is a very rich man's support, where did the money come from to pay for that?

DonkeyApple

70,639 posts

200 months

Friday 28th October 2011
quotequote all
dandarez said:
The figures are for FTSE 100 companies. It comes from Incomes Data Services (IDS) who said this took the AVERAGE pay for a director (NOT the boss!) of a FTSE 100 company to just short of £2.7m! - austerity, eh?

The rise is higher than that recorded for the main person running the company, a chief executive.

C. Execs pay 'only' rose by 43% over the year, according to this study.

David Cameron has just said the report was 'concerning', and called for 'big companies to be more transparent when they decide executive pay'. Yeah, as if they'll listen to you CMD.

At the normality end, salaries rose by just 3.2%.

Latest consumer price inflation figures showed inflation at 5.2%.

And they wonder why the majority of Joe Public no longer gives a toss.
Well. Director pay is determined ultimately by the non execs and the shareholders.

The shareholder is usually your pension fund.

So the questions to ask are:

1. What is incentivising the non execs to approve this?

2. Why are the fund managers accepting this on the shareholders' behalf?

Once you start tabling the possible answers to those questions you can overlay them with the question: why are total fees and costs of a pension fund similar or greater than the performance?

biggrin

Derek Smith

49,980 posts

279 months

Friday 28th October 2011
quotequote all
jas xjr said:
I think it may be down to the level of protection required even after retirement.
Having said that I might have thought Blair would have required a lot more protection than the others
Their day-to-day protection is paid for out of the public purse. An ex-PM lives on my old ground and had no-one full time. If the alarm went off in his prems then there was a set callout to it. This has since changed, but how I don't know. But then, the person was not under great threat.

Thantcher and Blair, however, are more in the frame I would suggest and are likely to have some degree of full-time response paid for by you and me.

crankedup

25,764 posts

274 months

Friday 28th October 2011
quotequote all
Still at least 'we are all in this together'. So that' private function speeches, gold plated pension, expenses for life and the list no doubt could go on. One can only imagine the gold mine that is the E.U.