June 25th, 2008

Inflated Expenses

In 1997 the total maximum expenses claimable by an MP was £50,213. Yet during this prolonged period of low inflation (for which Gordon likes to claim credit) the maximum amount claimable has risen to £159,720.*

A rise of 218% in ten years.

*Not including travel, source: Select Committee on Members Estimate Committee Third Report








Nick Clegg said…

“Charlie Whelan and Lord Ashcroft are exactly the same. One is the baron of the trade unions, and the other one is the baron of Belize. Both are bankrolling political parties, both are trying to buy seats.”



+ Crude (June)
As of 16 Mar 2010
-Gilts (Mar)
As of 26 Feb 2010
Flat – No Positions
As of 23 Feb 2010 +30.81%

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