When he was sacked as Deputy PM, for generally being an embarrassing incompetent, he kept hold of his pension perks – including additional pension contributions from taxpayers even though he wasn’t working for them. Blair even let him keep two grace-and-favour homes, while stripping him of his departmental responsibilities. At the time opposition politicians railed at Prezza’s “rewards for failure”.
Lord Oakeshott, the LibDem pensions spokesman, said at the time: “First it was two Jags, then two pads. Now it seems we have two pensions Prescott. No fat-cat director in the private sector would dream of awarding himself such a generous pension for a part-time job.”
Chris Grayling accused Blair of misusing taxpayers’ money by keeping Prescott in government, said: “Just this extra pension cost to the taxpayer of keeping John Prescott in his position could have paid for four additional nurses. That is without other trappings such as his official residence and his ministerial car.”
Even Labour MPs like Geraldine Smith were stunned; “I think it is outrageous that the Deputy Prime Minister loses his department but keeps his position, his salary and the perks of the job. It seems absolutely astonishing.”
Prezza’s pension pot makes him a multi-millionaire, courtesy of the taxpayers.
UPDATE : It is satire that writes itself to know that Lord Myners of Short Selling chaired what was known as the Treasury’s “Myners Review” into the good governance of pensions.
David Wright (PPS to John Hutton), David Anderson (Bill Rammell), Claire Curtis-Thomas (Baroness Scotland of Asthal), David Hamilton (Ed Miliband), Mark Hendrick (Jack Straw), Stephen Hesford (Vera Baird), Sharon Hodgson (Dawn Primarolo), Ashok Kumar (Hilary Benn), John Mann (Tessa Jowell), Stephen Pound (Stephen Timms)
Laura Moffatt is a former PPS to Alan Johnson, her opposition might be a sign of where he really stands. Nick Brown, Gordon’s long time henchman and now chief whip is also said to be not keen mon the bill. It is getting a bit like the dying days of the Major regime when euro-sceptics openly defied the government…
For public consumption Labour are bashing the bankers whilst privately they will be dancing to their tunes, still hoping to tap them up for donations. Tonight’s gala venue is next door to Lehman’s building in Canary Wharf, so perhaps they won’t raise quite as much money as they hope – particularly since any bankers still with jobs are unlikely to have cash to spare from non-existent bonuses. Unless of course you negotiated your exit package with Alastair Darling, in which case you are sorted for life…
Full ruling here.
Yesterday he and Lady Myners “graciously” invited their friends from the art world, politics and upper reaches of the Guardian into their Belgravia home to view their multi-million pound modern art collection.Guido has been unable to confirm which particular vintage of champagne it was that Sarah Brown, and the many other friends drawn from the ruling New Labour elite, were drinking. Truly, they are “people who have no sense of the broader society around them.”
In discussion with other colleagues I am aware that some PPS’s share my concerns regarding the proposal to bring a private partner into Royal Mail.
In line with meetings that we had with Alistair on the 10p tax changes, I am hoping to get a meeting with Lord Mandelson and Pat MacFadden and worried PPS’s. I hope that we can find a way forward that is acceptable to all parts of our party and in line with our manifesto commitment.
If you are interested in attending such a meeting can you let me know as soon as possible? My telephone number is 0790 xxxxxx and my email address is firstname.lastname@example.org.
Dave Anderson MP
Clearly the meeting didn’t go brilliantly…
Perhaps the politicians felt uncomfortable continuing with “Punch and Judy politics” as normal when one of the main protagonists, David Cameron, has suffered such a deep personal loss. Perhaps PMQs just isn’t that important.
We are told that instead Brown, Cable and Hague will read statements to the House.
UPDATE 12:05 : Having heard the condolences perhaps it was for the best, the mood of the House was clearly not for “business as usual”.
Rise of Angela Merkel | New Yorker
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Meanwhile, in Russia… | Media Guido
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Labour Marginal Fright | Lord Ashcroft
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Blameronism | Peter Oborne
Everyone Can Lose | Staggers
Splintering of the Left | Tim Montgomerie
Labour insiders turn on Ed over Powell’s latest gaffe:
“When is he going to stop promoting useless people? He was warned about her.”