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Brief notes
Some that slipped through the net yesterday:
1. New Speaker of the House of Commons, John Bercow, seems to be picking up where his predecessor left off, at least as far as expenses are concerned. It has just been announced that he’ll be charging around £20,000 of “refurbishments” to his grace-and-favour flat to the British taxpayer. Mr Bercow, though, is “happy that this information is in the public domain, that the public know how this money has been spent”.
Would the public be quite so happy about it, I wonder? The £20,000 includes over £6,000 for a new sofa, £3,600 on planters for the terrace and over £1,000 to redecorate one room. Given that former Speaker Michael Martin spent nearly £725,000 of taxpayers money on the flat between 2000 and 2008, some might say that enough is enough and if Mr Bercow wants to redecorate he should do so from his own pocket (he is, after all, paid over £140,000 a year).
2. Lloyds / HBOS have announced losses of £4 billion, in the same week that both Barclays and HSBC announced profits of £3 billion. Lloyds / HBOS, of course, is the only one of the three to have been bailed out with taxpayer’s money, so it looks like we got value for money doesn’t it?
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