Friday, March 24, 2023
No Result
View All Result
Globe NewsWire
Advertisement
  • Home
  • News
    • USA
    • Europe
    • Australia
    • Africa
    • Middle East
    • Asia Pacific
  • Politics
  • Business
  • Health
  • Sports
  • Technology
  • Entertainment
  • Gossips
  • Travel
  • Lifestyle
  • Home
  • News
    • USA
    • Europe
    • Australia
    • Africa
    • Middle East
    • Asia Pacific
  • Politics
  • Business
  • Health
  • Sports
  • Technology
  • Entertainment
  • Gossips
  • Travel
  • Lifestyle
No Result
View All Result
Globe NewsWire
No Result
View All Result
Home News Australia

Liz Truss set to obtain big pension regardless of simply seven weeks in high job

by Globe NewsWire
October 21, 2022
in Australia
Reading Time: 4 mins read
A A
0
Share on FacebookShare on Twitter


Below the Public Duties Value Allowance (PDCA), Truss, like different former prime ministers, are allowed to assert £115,000 per 12 months ($A205,000) to place towards the price of “sustaining actions in public life”.

The scheme was arrange in 1991 following the resignation of Margaret Thatcher and since then, former prime ministers have claimed hundreds of thousands of {dollars}.

Outgoing UK Prime Minster Liz Truss is ready to obtain an eye-watering lifelong pension following her resignation, regardless of solely having held the highest only for seven weeks. (Getty)

Following Truss’ resignation yesterday, she is going to grow to be the fifth dwelling former PM to have the ability to declare from the scheme – that means the UK taxpayer may fork out £700,000 per 12 months ($A2,250,000) on pension advantages.

Former PMs John Main, Tony Blair, Gordon Brown and David Cameron all claimed greater than £100,000 ($A170,000) by the PDCA in 2020/2021, based on official information.

Main and Blair each claimed again the utmost obtainable allowance, whereas each Brown and Cameron claimed slightly below.

It isn’t but identified if Boris Johnson has to this point claimed any funds. 
Boris Johnson additionally resigned from the highest job earlier within the 12 months, making him additionally eligible for the pension. (AP)

Truss introduced her resignation yesterday lower than seven weeks after taking workplace, setting her as much as grow to be the shortest-serving premier within the nation’s historical past.

In a short assertion delivered outdoors her workplace at 10 Downing Road, Truss laid out the headwinds going through her management, from Russia’s invasion of Ukraine to extra basic financial stability.

Failed management contender Rishi Sunak and former prime minister Boris Johnson, whose dramatic removing from workplace following a sequence of scandals set the stage for Truss to take energy, are reportedly amongst these preventing to switch her.

The highest 10 highest paying jobs in Australia the place you do not want a level

Truss, who was sworn in on September 6, mentioned she had tried to ship on the “imaginative and prescient for a low-tax high-growth economic system” that noticed her overcome former chancellor Sunak in a summer season management race.

“Given the state of affairs, I can’t ship the mandate on which I used to be elected by the Conservative Celebration,” Truss mentioned.

“I’ve subsequently spoken to his majesty the King to inform him that I’m resigning as chief of the Conservative Celebration.”



Source link

Tags: HugejobLizpensionreceivesettopTrussWeeks
Previous Post

EU leaders did not agree on fuel value cap

Next Post

Lidia Thorpe to face censure movement amid calls to resign from Senate over bikie relationship

Related Posts

Australia

Drone strike kills US contractor in Syria, US retaliates

by Globe NewsWire
March 24, 2023
Australia

Why protests, some violent, have erupted throughout France

by Globe NewsWire
March 24, 2023
Australia

Canberra United again in A-League Ladies finals race after factors deduction is overturned on enchantment

by Globe NewsWire
March 24, 2023
Australia

‘We’ve nonetheless acquired loads of religion’: Younger Crows mids backed towards seasoned Tigers

by Globe NewsWire
March 24, 2023
Australia

Tim the Yowie Man | Meet the southern corroboree frog, somewhat critter dealing with huge challenges | The Canberra Occasions

by Globe NewsWire
March 24, 2023
Next Post

Lidia Thorpe to face censure movement amid calls to resign from Senate over bikie relationship

Bailey Zappe already in Patriots Corridor of Fame

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Entertainment
  • Europe
  • Fashion and Lifestyle
  • Gossips
  • Health
  • Middle East
  • Politics
  • Sports
  • Technology
  • Travel
  • USA

Browse by Tags

Asia Biden Black Business Canberra China City Court COVID Cup Day Dead death Dies Diplomat Free home House killed Life Man News NPR People Police POLITICO President Radio Russia Russian Shooting South State time Times top Trump Twitter U.S Ukraine war win World Year years
Globe NewsWire

Get the latest news and follow the coverage of breaking news, local news, national, politics, and more from the top trusted sources.

CATEGORIES

  • Africa
  • Asia Pacific
  • Australia
  • Business
  • Entertainment
  • Europe
  • Fashion and Lifestyle
  • Gossips
  • Health
  • Middle East
  • Politics
  • Sports
  • Technology
  • Travel
  • USA

LATEST UPDATES

  • Oxford College Shooter’s Dad and mom Can Face Manslaughter Trial
  • Rahul Gandhi, Chief of India’s Opposition to Modi, Expelled From Parliament
  • UK and EU seal the deal on post-Brexit Windsor Framework – POLITICO
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 Globe NewsWire.
Globe NewsWire is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • News
    • USA
    • Europe
    • Australia
    • Africa
    • Middle East
    • Asia Pacific
  • Politics
  • Business
  • Health
  • Sports
  • Technology
  • Entertainment
  • Gossips
  • Travel
  • Lifestyle

Copyright © 2022 Globe NewsWire.
Globe NewsWire is not responsible for the content of external sites.